DESCRIPTION

Excellent investment opportunity next to Anschutz/UC Health medical campus. Cash flowing 17 unit apartment building with attractive mix of both 1 and 2 bedroom units. 8 of 17 units have been renovated leaving opportunity for buyer to further improve cash flow. Fully leased. Building set to gross roughly $200k this year in one of the Denver area's best locations for rent growth. Opportunity for loan assumption at 3.77%. Ask listing agent for details.

KEY DETAILS
  • Price:
  • $2,175,000
  • Bedrooms:
  • 23
  • Full Baths:
  • 0
  • Square Footage:
  • 12,750
  • Acreage:
  • 0.31
  • Year Built:
  • 1971
  • MLS #:
  • 7982508
  • Street Address:
  • 11948 E 17th Ave
  • City:
  • Aurora
  • State:
  • CO
  • Postal Code:
  • 80010
  • County:
  • Adams
  • Subdivision:
  • Aurora
  • Listing Status:
  • For Sale - Under Contract

Building

  • Dwelling Type:
  • 5+ Plex (all Units), Low Rise (all Units)
  • Features:
  • Professionally Managed
  • Finished Above Ground Square Footage:
  • 12750
  • Finished Square Feet:
  • 12750
  • Flooring:
  • Laminate
  • Number Of Units:
  • 17
  • Siding:
  • Brick
  • Style:
  • Multi-Level
  • Total Building Square Footage:
  • 12750
  • Type Of Roof:
  • Wood
  • Year Built:
  • 1971

Business

  • Annual Insurance Expenses:
  • 6265
  • Annual Maintenance Expenses:
  • 11050

Land

  • Conforms To Zoning:
  • Fba
  • Lot Square Footage:
  • 13373.00
  • Road Surface:
  • Paved Road

Listing

  • Financing Options:
  • Cash, Conventional, Exchange, Other
  • For Sale Or Lease?:
  • For Sale

Money

  • Property Taxes:
  • $11,468
  • Tax Year:
  • 2018

Structures

  • Parking Spaces:
  • 17

Systems

  • Heating:
  • Baseboard
  • Heating Fuel:
  • Hot Water
  • Laundry:
  • Coin-Operated, Shared Laundry In Building

Source

  • Listing Provided By Pinnacle Real Estate Advisors

    MLIST
School data provided by
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SCHOOL RATINGS
1

PARIS ELEMENTARY SCHOOL
Elementary School
Public

3

NORTH MIDDLE SCHOOL
Middle School
Public

4

AURORA CENTRAL HIGH SCHOOL
High School
Public

NOTES

No notes have been added for this home.

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