10712 E Exposition Avenue #209
Aurora, CO 80012
7360 sqft | 19 beds | #7788253
Description
7.8% real current cap rate!! 9% pro forma cap rate!!! 9 out of 10 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 8.7% if you self manage! A crazy 10% pro forma cap rate if you self manage!
Property Details
- Sewer InformationCity Sewer, Public Sewer
- Elementary SchoolHighline Community
- Property SubtypeIncome Property
- Property TypeMulti-Family
- SubdivisionHigh Hollows
- Utility SourceCity Water
- High SchoolOverland
- CountyArapahoe
- Exterior MaterialsBalcony
- Middle SchoolPrairie
- MLS #7788253
- Cost1505000
- MLS #7788253
- Square Feet7360
- Year Built1973
- Hoa Fees3423
- Parking Spaces200
- Bedrooms19
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.
