The Burlington
Single Family
5
4
2727
Sqft
2013
$653,500
Purchase Price
$3,395
Rent / Mo
0%
Property Leverage
How Are Monthly Dividends Determined for The Burlington?
Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property's reserves, last quarter's cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.
About
The Burlington is a gorgeous home in immaculate condition located in Buckley Ranch. There is a custom finished walk-out basement with a three car tandem garage. The property is located on a huge lot with amazing mountain views. There are granite countertops, stainless steel appliances, built-in spice and pot/pan racks and white oak hardwood floors. The master bedroom is spacious with a custom master bedroom closet and there is also a hidden utility room concealed by built-in bookcases. The home has a large deck for outdoor entertaining.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Denver, CO
Denver is the capital of Colorado and the most populous city in the state. The Denver-Aurora-Lakewood MSA has a population of over 2.9 million people, ranking 19th in the US. Denver has a well diversified economy. It’s a hub for storage and distribution due to its central location in the United States. The area has a significant presence in the energy sector, telecommunications, and technology. The Mile High City has a vibrant downtown and is popular for its livability. Denver is best known for its outdoor recreation with its proximity to the Rocky Mountains. The area is rich with cultural assets like museums, art galleries, bars and restaurants.
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100%
Funded
834
Investors
$744,070
Invested