$1,750,000
Aurora, CO 80017
- Arapahoe County
- 3 Beds
- 2 Baths
Key Features
- Property Type: Residential Income
- Status: Active
- MLS® ID: 4845226
- Year Built: 1982
- County: Arapahoe
- Neighborhood: Robinwood
Interior Details
- Bedrooms: 3
- Bathrooms: 2
- Appliances: Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Cooling: Central Air
- Heating: Forced Air
- Fireplaces: 1
- Water: City Water
Exterior Details
- Garage: 200
- Zoning: residential
- Roof: Composition
- Sewer: City Sewer, Public Sewer
Description
Seven 3 BR, 2 BA units in a well maintained complex by Buckley Air Force Base with a strong rental history. 7.4% real current cap rate!! 8.4% pro forma cap rate!!! 6 out of 7 units have tenants in place, making this cash flow on day one. This is a package of individual units in the same complex, not a purchase of the entire building - making upkeep a breeze. Scattered property loan available, which will not count against your conventional mortgage limit. Cap rate includes ALL expenses - vacancy, maintenance, management fees, HOA fees, insurance, and taxes. The cap rate at current rents goes up to 8.2% if you self manage! A crazy 9.2% pro forma cap rate if you self manage!
Location
- Address: 18034 E Ohio Ave 103 Aurora CO 80017
- City: Aurora
- State: CO
- Zip: 80017
GPS
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Listing # Courtesy of Matthew Collins of Keller Williams Realty Downtown LLC. Last Updated: December 4, 2024.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.