Undisclosed, Boulder, CO 80304

Investment opportunity for short term hold! Seller is a cooperative housing developer seeking to create innovative, attainable housing for Boulder. The future of 750 North St is a cooperative home that would allow for owner occupants to generate equity at a low cost of entry, providing much-needed access to home ownership in Boulder with a low barrier to entry. Seller is seeking a Buyer to purchase this property in tandem with an Option for Repurchase with a term of up to 18 months, appreciating at a rate of 6% per year. This opportunity would allow the buyer to invest in a stable asset with fixed return upon repurchase, or to benefit from market rate value if the developer does not exercise their right to purchase within the 18 month term. The top floor features a 3 bedroom 1 bath apartment and a 2 bedroom 1 bath apartment below. In March 2021, property appraised at $1.01M. Seller will consider traditional offers for purchase, but will prioritize offers with repurchase agreement and property lease.