18034 E Ohio Ave #103 Active Save Request In-Person Tour Request Virtual Tour
Aurora,CO 80017
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 1,177 sqft
Price per Sqft $1,486
Subdivision Robinwood
MLS Listing ID 4845226
Style Ranch
Bedrooms 3
HOA Fees $3,073/mo
HOA Y/N true
Abv Grd Liv Area 8,239
Originating Board REcolorado
Year Built 1982
Annual Tax Amount $10,523
Property 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!
Location
State CO
County Arapahoe
Community Pool,Playground
Area Metro Denver
Zoning residential
Direction GPS
Interior
Interior Features Eat-in Kitchen,Open Floorplan,Pantry
Heating Forced Air
Cooling Central Air
Fireplaces Type Single Fireplace
Fireplace true
Appliance Dishwasher,Refrigerator,Washer,Dryer,Disposal
Exterior
Garage Spaces 200.0
Community Features Pool,Playground
Utilities Available Electricity Available
Roof Type Composition
Porch Patio
Building
Story 1
Sewer City Sewer,Public Sewer
Water City Water
Level or Stories One
Structure Type Brick/Brick Veneer,Vinyl Siding
New Construction false
Schools
Elementary Schools Arkansas
Middle Schools Mrachek
High Schools Gateway
School District Adams-Arapahoe 28J
Others
HOA Fee Include Trash,Snow Removal,Maintenance Structure
Senior Community false
SqFt Source Assessor