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443 KANE BLVD, Moab, UT 84532
$350,000
Reduced from $359,000 · today
443 KANE BLVD, Moab, UT 84532
Type
Condo
List Price
$350,000
Price/Sqft
$699
Est Gross Yield
4.6%
$16,200/yr est.
Property Details
Description
RARE TOP FLOOR CONDO AT KANE CREEK CONDOS! Even more rare is the large gathering deck right outside the front door. It brings in extra natural light and gives you a great place to step outside and enjoy views of Moab. The private porch has amazing views of the red rock cliffs. This condo is being sold fully furnished. It includes a fold out leather sectional, two flat screen TVs, a taller dining table that also works as a kitchen island, a queen bed and custom window coverings with power shades on the large glass door. The kitchen is fully stocked with plates, glasses, silverware, pots, pans and all the basics needed for a furnished rental. Also included are an LG refrigerator with double doors and a bottom freezer, a sleek microwave and a full size LG stackable washer and dryer. Just bring your clothes, bike and hiking shoes. The property has been used as a long term rental since it was purchased about three and a half years ago. The current tenant has occupied the property for more than two years at $2,550 per month and pays the utilities. Rentals require a minimum stay of 30 days. Future rental use is subject to HOA rules, approval and buyer verification. The rental use is getting voted on next week. The location is hard to beat. You are only minutes from Main Street, shopping and great places to eat. Go the other direction and you will find what feels like endless adventure along Kane Creek and the Colorado River. Biking, SXS riding, jeeping, hiking, kayaking, climbing and ancient petroglyphs are all close by. Moab is not just a summer destination. The sun shining on the red rocks on a January day is unforgettable, and the slower seasons are a great time to relax and enjoy the peace of the desert.
Listed by Tony Reece · 4You Real Estate, LLC
Location
443 KANE BLVD, Moab, UT 84532
Proforma
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Cap Rate
3.08%
Cash-on-Cash
-4.26%
Cash Flow
-$466/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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