18034 E Ohio AVE #103 Active Save Request In-Person Tour Request Virtual Tour
Aurora,CO 80017
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,177 sqft
Price per Sqft $1,486
Subdivision Robinwood
MLS Listing ID 4845226
Bedrooms 3
Condo Fees $3,073
HOA Fees $3,073/mo
HOA Y/N Yes
Abv Grd Liv Area 1,177
Originating Board recolorado
Year Built 1982
Annual Tax Amount $10,523
Tax Year 2023
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
Zoning residential
Interior
Interior Features Eat-in Kitchen,Laminate Counters,Open Floorplan,Pantry,Primary Suite
Heating Forced Air
Cooling Central Air
Flooring Carpet,Tile,Vinyl
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Y
Appliance Dishwasher,Disposal,Dryer,Gas Water Heater,Oven,Range,Refrigerator,Washer
Laundry In Unit
Exterior
Pool Outdoor Pool
Utilities Available Electricity Connected,Internet Access (Wired),Natural Gas Connected,Phone Connected
Roof Type Composition
Total Parking Spaces 200
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Vinyl Siding
Schools
Elementary Schools Arkansas
Middle Schools Mrachek
High Schools Gateway
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None
Pets Allowed Cats OK,Dogs OK