10732 E Exposition Avenue #321
Aurora, CO 80012
7360 sqft | #2019030
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!
Property Details
- Utility FeaturesCable Available, Electricity Connected, Phone Connected, Sewer Connected
- Structure TypeLow Rise (1-3)
- Sewer InformationPublic Sewer
- Property SubtypeMulti-Family
- Original List Price$1,505,000
- Property TypePurchase
- CountyArapahoe
- Exterior MaterialsBalcony
- MLS #2019030
- Cost1505000
- MLS #2019030
- Utility SourcePublic
- Taxes Annual$4,868
- Square Feet7360
- Year Built1973
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Matthew Collins (#REC055636)
Listing Office: Keller Williams Realty Downtown LLC (#RECKW002)
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