Colorado Springs Colorado Commercial Property Sales Package

Name: Colorado Springs Colorado Commercial Property Sales Package
Brand: US Legal Forms
Rating: 4.73 (202 reviews)

Category:

Colorado Real Estate - Commercial

State:

Colorado

City:

Colorado Springs

Control #:

CO-P021-PKG

Format:

Instant download

Description

With this Commercial Property Sales Package, you will find many of the forms that are part of closing a commercial real estate transaction.

Included in your package are the following forms:

1. A Contract for the Sale and Purchase of a Commercial Lot or Land without a Broker;
2. A Option for the Sale and Purchase of a Commercial Building;
3. A Option for the Sale and Purchase of a Commercial Lot or Land;
4. An Addendum for Environmental Assessment of Threatened or Endangered Species or Wetlands;
5. An Addendum for Continued Marketing of Property by Seller due to Contingencies;
6. An Exchange Addendum to Contract for Tax Free Exchange under Section 1031;
7. A Tax Free Exchange Agreement pursuant to Section 1031; and
8. A Fixed Rate Promissory Note Secured by Commercial Real Estate.

Purchase this package and save up to 30% over purchasing the forms separately!

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FAQ

The average time it takes to sell a house in Colorado is 71 days ? 36 days to get an offer and an additional 35 days to close. This is approximately 9.0% faster than the national average.

It typically takes anywhere from four weeks at the low end to six months (or more) to shop for and close on a house. But it can be quicker if you make a strong offer right away in a fast-moving market or slower if you have a hard time finding just the right place or keep getting outbid.

Investors looking for a bargain price are likely to run into higher cap rates. This is also true for properties that need significant development or renovations. In these situations, higher cap rates between 8%-10% could be considered good.

6 Commercial Real Estate Valuation Methods Cost approach.Sales comparison approach.Income capitalization approach.Value per Gross Rent Multiplier.Value per door.Cost per rentable square foot.

Median Days on Market: 54 Days Range: 20 to 60. End of interactive chart. On average, homes in Colorado Springs, CO sell after 54 days on the market. The trend for median days on market in Colorado Springs, CO has gone up since last month, and slightly up since last year.

Net Operating Income To determine the NOI of a property add all sources of revenue (rent, leases, parking) then subtract all expenses (utilities, maintenance, taxes, but not mortgage) from that number. A property with a high NOI is the better investment.

What Happens If Your House Stays on the Market Too Long? Most listing contracts are written for durations of between three and six months, though some may extend to as much as a year.

How do you find good Commercial Property deals? 1 Local and national sales agents.2 Proactive Networking.3 Online search.4 Building personal profile on and off line.5 Auction listings.6 Sourcing agents.

Four Keys to Sourcing Good Deal Flow in Commercial Real Estate Key #1: Relationships. Commercial real estate brokers are the gatekeepers for many deals.Key #2: Clear Investment Criteria.Key #3: A Methodical and Data Driven Approach.Key #4: Multiple Offers.Interested in Learning More.

Colorado Springs (City) home values have gone up 21% over the past year and will continue to rise in the next twelve months. El Paso County home values have gone up 21.1% over the past year ($495,786 ? ). Teller County home values have increased 15.3% over the past year ($441,219 ? ).

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That depends on what real estate transaction you are completing. The Commercial Real Estate Industry is an exciting field, as it touches virtually every aspect of business in the United States and most of the free world.Most accurate up-to-date listings for the Pikes Peak Area. Listings are updated every 15 minutes. Browse 52 Liquor Stores currently for sale in Colorado on BizBuySell. Find a seller financed Colorado Liquor Store business opportunity today! Search Colorado homes for sale or rent and open houses on ColoProperty. Com, directly from the MLS. Most accurate up-to-date listings for the Pikes Peak Area. Listings are updated every 15 minutes.

Colorado Springs Colorado Commercial Property Sales Package

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How fast are homes selling in Colorado Springs?

Is 2 months a long time for a house to be on the market?

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How do you know if a commercial property is a good investment?

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How do I find commercial property deals?

How do you source deals in commercial real estate?

Are housing prices going down in Colorado Springs?

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Colorado Springs Colorado Commercial Property Sales Package

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