Aurora, CO 80019
3-Condo investment package: $20,000 savings over buying separately. Fully leased with long-term, cooperative tenants. Current rents total $3000/mo, neighborhood easily pushes rents to $3300/mo. Renters pay utils/owner pays HOA (estimated at $220/unit in 2014). Projected Cap rate 8.4%. Each 1100+ sq ft 2Bd/2Bath unit is bright, airy, well-maintained, no pets. All have fireplace, laundry hook-up, walk-in closets. 1st floor unit comes w/garagerented separately at $150/mo. 3rd floor unit is Section 8 tenant. Community clubhouse, pool, playground. Close to light rail and DIA. Great cash flow! Video tour: http://youtu.be/X6AR1Wzddqc
Kevin Wachter with RE/MAX 100 INC.
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