Homes for sale - 10732 E Exposition AVE #321, Aurora, CO 80012

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Jacqueline Fazendin

jacqueline.fazendin@engelvoelkers.com +1(612) 481-1955

$ 1,505,000

Est. payment -/mo

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Active

10732 E Exposition AVE #321 Aurora, CO 80012

UPDATED:

11/12/2024 04:40 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2019030

HOA Y/N No

Originating Board recolorado

Year Built 1973

Annual Tax Amount $537

Tax Year 2023

Property 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!

Location

State CO

County Arapahoe

Interior

Fireplace N

Exterior

Exterior Feature Balcony

Garage Concrete

Utilities Available Cable Available, Electricity Connected, Phone Connected, Sewer Connected

Roof Type Composition

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Wood Siding

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by Keller Williams Realty Downtown LLC • Matt@DenverRealtyGuru.com,720-266-8040

Jacqueline Fazendin

Advisor

+1(612) 481-1955

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