10702 E Exposition Active Save Request In-Person Tour Request Virtual Tour
Aurora,CO 80012
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 9,915 sqft
Price per Sqft $186
Subdivision High Hollows
MLS Listing ID 4190413
HOA Fees $4,659/mo
Year Built 1973
Annual Tax Amount $6,557
Property Sub-Type Income Property
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
Area Metro Denver
Interior
Heating Forced Air
Cooling Central Air
Exterior
Garage Spaces 200.0
Roof Type Composition
Building
Story 3
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Wood Siding
New Construction false
Schools
Elementary Schools Highline Community
Middle Schools Prairie
High Schools Overland
School District Cherry Creek 5