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!
Interior Details
- InteriorEat-in Kitchen, Laminate Counters, Open Floorplan, Pantry, Primary Suite
- Fireplaces1
Beds & Baths
- Bedrooms3
Property Details
- Square Feet8239
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1982
Utilities / Energy Details
- Utility FeaturesElectricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionRobinwood
Location
- School DistrictAdams-Arapahoe 28J
- Elementary SchoolArkansas
- CountyArapahoe
- Middle SchoolMrachek
- High SchoolGateway
Financial Details
- Original List Price$1,750,000
- Taxes Annual$10,523
HOA
- Hoa Fees3073
- Hoa1
Restrictions
- Pets AllowedCats OK, Dogs OK
Other
- MLS #4845226
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Matthew Collins (#REC055636)
Listing Office: Keller Williams Realty Downtown LLC (#RECKW002)
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.