Active

18034 E Ohio Ave 103

Aurora CO, 80017

$1,750,000


$1,486.83 per sqft

Active

3 Beds

2 Baths

1,177 sqft

Multi-family

Built in 1982

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!

4845226

MLS ID

December 4, 2024

Listed

December 4, 2024

Updated

Map

18034 E Ohio Ave 103
Aurora CO, 80017

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Interior Features

Eat-in Kitchen, Open Floorplan, Pantry


Appliances

Dishwasher, Refrigerator, Washer, Dryer, Disposal


Fireplace

Yes


Fireplace Description

Single Fireplace


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Architectual Style

Ranch


Roof

Composition


Sewer

City Sewer, Public Sewer

School Information

School District

Adams-Arapahoe 28J


High School

Gateway


Elementary School

Arkansas

Other Property Details

Area Name

Metro Denver


Taxes

$10,523


Tax Frequency

Annually


Days on Market

1


Association Fee

$3,073


Association Fee Frequency

Monthly


Association Amenities

Trash, Snow Removal, Maintenance Structure


Garage

Yes


Garage Spaces

200


View

No


County

Arapahoe


Water Source

City Water


Pool

No


Zoning

residential

Listed by Matthew Collins with Keller Williams Realty Downtown LLC
Listing Contact: [email protected],720-266-8040 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 12/4/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase.  Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. 

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Data last updated on 12/4/2024 at 6:12 PM UTC

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