Homes for sale - 18034 E Ohio AVE #103, Aurora, CO 80017

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Bill Watson

bill@watsonrg.com +1(303) 842-0836

$1,750,000

Est. payment - /mo

3 Beds

2 Baths

1,177 SqFt

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UPDATED:

12/04/2024 05:29 PM

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

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

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(303) 842-0836

bill@watsonrg.com

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18034 E Ohio AVE #103 Aurora, CO 80017