PRIVATE YCRE TOUR: Central/East Rental Apartment tour - Lon Welsh
Sat, March 9, 9am – 11am
950 Wadsworth Blvd, Suite 120, Lakewood, CO 80214 (map)
WHEN: We’ll take a look at some 2-4 unit buildings from 9-11 AM.
WHY: For 24 months, it’s make more sense to buy rental condos and homes than to buy apartments. Prices on condos and homes have gone up a lot, especially on the low end. This has erased a lot of their financial advantage over apartments. Also, competition for cheap rental homes and condos is absurd. Small apartments offer almost as good a return as the rental homes and condos – and offer much better returns than the stock market, and they are a lot less competitive to buy.
WHERE: 950 Wadsworth Blvd, Suite 120, Lakewood, CO 80214
WHAT: We’ll look at a few buildings, and see vacant units when possible. We’ll review the projected cash flow statements and discuss pro / con. We can answer financing questions. I’ll try to have a property manager there to answer questions, too. You and your clients should be able to get a more complete idea if this is a good fit for them or not.
Please RSVP to [masked].