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Aurora,CO 80012
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 9,915 sqft
Price per Sqft $186
Subdivision High Hollows
MLS Listing ID 4190413
Condo Fees $4,659
HOA Fees $4,659/mo
HOA Y/N Yes
Abv Grd Liv Area 9,915
Year Built 1973
Annual Tax Amount $6,557
Tax Year 2024
Property Sub-Type Triplex
Source recolorado
Property Description
8.5% real current cap rate!! 13 of the 15 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... I challenge you to find better cap rates anywhere in the Denver Metro Area! This is one of the most aggressive portfolios to hit the market in a long time. Cap rate includes ALL expenses - vacancy, maintenance, management fees, HOA fees, insurance, and taxes. The cap rate at current rents goes up to 10% if you self manage!
Location
State CO
County Arapahoe
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Appliance Dishwasher,Disposal,Range,Refrigerator
Laundry None
Exterior
Roof Type Composition
Total Parking Spaces 200
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Wood Siding
Schools
Elementary Schools Highline Community
Middle Schools Prairie
High Schools Overland
School District Cherry Creek 5
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange,Cash,Conventional,Other
Listing Terms 1031 Exchange,Cash,Conventional,Other
Special Listing Condition None
Pets Allowed Yes