Map
Listed price in listed location currency (USD).
$1,985,000

000

MLS® 3690783

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size 10000 sqft
Garage 
Taxes $12,182
Days Active 12
Lot Size 
Approx. Age 1983
Avg. Price Per Sqft $198
MLS® Number 3690783

Property Address: 982 S Dearborn Way, Aurora, CO, 80012-3893

Average square foot calculated using Size range provided by listing agent.

Description

13 CONDOS. ONE PURCHASE. APPROX. 9.5% PROJECTED CAP RATE. This is not a dressed-up 5% deal pretending to be an investment. At $1, 985, 000, this 13-unit condominium portfolio produces $326, 268 in annual scheduled rent, with projected NOI of approximately $187, 953 AFTER underwriting 5% vacancy, 7.5% professional management, 7.5% maintenance, HOA dues, property taxes and insurance. ALL 13 UNITS ARE CURRENTLY OCCUPIED on 12-month leases, with most tenants having lived in their units for multiple years. Approx. $153, 000 per unit. Portfolio includes a mix of 1-, 2- and 3-bedroom condos across multiple Denver/Aurora communities. Acquire 13 income-producing assets in one transaction while retaining the flexibility to hold, refinance or sell individual units over time. Serious portfolio investors: run the numbers.
MLS® Number3690783
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1983
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Map

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