Salida rent to own home - ( beds, baths)

Location, Opportunity and Income...this one has it all! This well maintained commercial property is currently used as monthly rentals and hs virtually no vacancy. There are 18 single units with mini kitchens, 1 modular home and 1 manufactured home, laundry, outdoor park/picnic area and ample parking. The rooms rent for $800-$1200/month each, the modular home rents for $2,000/month and the manufactured home is currently traded with groundkeeper (previously rented for $1000/month. Currently 14 units are rented under 1 lucrative lease from a local business for its employee housing. If monthly rentals are not your thing, you can revert back to a traditional motel model and rent out nightly. There is also excellent development potential to re-develop into condos or townhomes for lease or sale. Excellent location on a highly visible and bustling section of Highway 50 in the popular mountain town of Salida Colorado. Property is only minutes from downtown Salida where quaint shops, restaurants and bars abound. Salida is a popular tourist destination offering world class whitewater rafting, skiing, fishing, mountain biking and hunting. Centrally located within a couple hours drive to all ...

Read More

major city's and airports in Colorado. The lot is quite large at 1.1 acres - room to expand or develop into multi-unit neighborhood. Come check out this dynamic business opportunity today!This rent to own home is located in Salida. It offers in size, beds and baths. Review its detailed information and determine if this Salida rent to own has the qualities you are looking for.  

Read Less

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Consumers Beware
Consumers should be aware of scams from people posing to be real estate agents or landlords. So if you're looking to buy or rent make sure you take the proper precautions.
Read more to learn about avoiding scams.