CO > Aurora > High Hollows
Aurora, CO 80012,10712 E Exposition Ave #209
Aurora, CO 80012,10712 E Exposition Ave #209
Aurora, CO 80012,10712 E Exposition Ave #209
25
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$1,505,000
Est. payment /mo
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19 BD
11 BA
7,360 SqFt
New

10712 E Exposition Ave #209 Aurora, CO 80012

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Jerid Wempen

Jerid Wempen

+1(720) 297-4020

UPDATED:

11/14/2024 08:37 PM

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 7,360 sqft

Subdivision High Hollows

MLS Listing ID 7788253

Style Ranch

Bedrooms 19

HOA Fees $3,423/mo

HOA Y/N true

Abv Grd Liv Area 7,360

Originating Board REcolorado

Year Built 1973

Annual Tax Amount $549

Property Description

7.8% real current cap rate!! 9% pro forma cap rate!!! 9 out of 10 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... I challenge you to find better cap rates anywhere in the Denver Metro Area! This is one of the most aggressive portfolios to hit the market in a long time. Cap rate includes ALL expenses - vacancy, maintenance, management fees, HOA fees, insurance, and taxes. The cap rate at current rents goes up to 8.7% if you self manage! A crazy 10% pro forma cap rate if you self manage!

Location

State CO

County Arapahoe

Area Metro Denver

Interior

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Refrigerator, Disposal

Exterior

Exterior Feature Balcony

Garage Spaces 200.0

Waterfront false

Roof Type Composition

Porch Patio

Building

Story 1

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories One

Structure Type Wood Siding

New Construction false

Schools

Elementary Schools Highline Community

Middle Schools Prairie

High Schools Overland

School District Cherry Creek 5

Others

HOA Fee Include Trash,Snow Removal,Maintenance Structure

Senior Community false

SqFt Source Assessor

Information and Real Estate Services (IRES)
Listed by Keller Williams Realty Downtown LLC • Matt@DenverRealtyGuru.com,720-266-8040

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Jerid Wempen

Broker

+1(720) 297-4020

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10712 E Exposition Ave #209