The Pioneer
Single Family
3
3
2714
Sqft
2021
$574,800
Purchase Price
$3,699
Rent / Mo
0%
Property Leverage
How Are Monthly Dividends Determined for The Pioneer?
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 Pioneer is a beautiful home built in 2021. This Buffalo Highlands has two stories, three bedrooms, features a walkout basement, and a large fenced-in backyard. The house is conveniently located within short commutes to both downtown and DIA. The house is a walkable distance to open space trails and Rocky Mountain Arsenal Wildlife Refuge. This brand new build features granite counter tops, open concept dining and living area, upper level laundry, large en-suite primary bathroom with walk-in closet, under ground sprinkler system, views of Denver and the Rocky Mountains, and is part of a solar community.
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
928
Investors
$655,780
Invested