18034 E Ohio Avenue #103
Aurora, CO 80017
8239 sqft | 3 beds | #4845226
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!
Property Details
- InteriorEat-in Kitchen, Open Floorplan, Pantry
- Sewer InformationCity Sewer, Public Sewer
- Utility FeaturesElectricity Available
- Property SubtypeIncome Property
- Property TypeMulti-Family
- Utility SourceCity Water
- SubdivisionRobinwood
- Elementary SchoolArkansas
- CountyArapahoe
- Middle SchoolMrachek
- High SchoolGateway
- MLS #4845226
- Cost1750000
- MLS #4845226
- Square Feet8239
- Year Built1982
- Hoa Fees3073
- Parking Spaces200
- Bedrooms3
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Matthew Collins (#055636), Phone: (720) 266-8040
Listing Office: BRADFORD REAL ESTATE (#KW002)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.