Multi-Family Home For Sale
$960,000
18043 E Ohio Avenue
Aurora, Colorado, United States
3bd
Listed By: Listanza Services Group
Listed On: 06/09/2023
Listing ID: GL5301294 View More Details
Description
Portfolio of Four (4) Robinwood Condo units available for sale at a total price of $960,000. Each unit is 3 bed/2 bath and 1,177 SF. Projected Cap Rate of 7.07% easily achievable based on allowable Section 8 rents (aggregate, all units). Excellent investment opportunity with tremendous cash flow. Low maintenance, strong HOA (approx. $350/unit/mo) includes water, sewer trash, property well maintained. Each unit includes washer/dryer hookups, central A/C, central gas heat, and access to community pool. Quality tenants Two (2) MTM Section 8 Leases with immediate availability for significant rent increases with little impact to tenants' payment amount. Two (2) Conventional Leases expiring Aug-21 and Feb-22. Portfolio includes units at 18063 E Ohio Ave (unit 201), 18043 E Ohio Ave (units 101 103) and 18033 E Ohio Ave (unit 101). Corresponding PIN: (032415754, 032415631, 032415657, 032386371) Buyers agent to verify all HOA, square footage and school info.
