4038 Dover Dr, Colorado City, CO


Purchased the former ?Columbia House? distribution facility for 20% of replacement cost Kroger occupied the entire building on a two-year lease, eventually extending for one additional year Property generated a $700,000 NOI Used excessive cash flow to pay down 90% of the loan before distributing profits to the investors New owner currently has property listed for $6,000,000


Cost PSF
Sale Price
Total Cost
Acquisition Date
April, 2003
Add. Capital Costs
Sale Date
March, 2005
Total Project Size
Sale Price / SF
Avg Annual Return
Acquisition Price