$800,000

14193 E Montana Circle

Aurora CO, 80012

Description

7.3% cap rate. 14% cash on cash return. No HOA! Each large triplex unit has 3BR / 2 bath / 1 garage / private yard. Two units have been fully renovated and one unit has been partially renovated. One unit has long term section eight tenant at $1815 / mo, which is eligible for rent increase 3/31/20. One unit has a lease/option tenant (unlikely to ever purchase) at $2250 / mo. One unit is vacant and available for you to see. Rent comps indicated $1900-$2000 / month. We can fill unit for you, if you want, once we are under contract and past inspection. Only vacant unit can be seen until it goes UC. Email us for full financial analysis. Seller can be somewhat flexible to accommodate buyers 1031x needs. Open to reasonable creative financing options.

Details

MLS#9128275
StyleIndustrial
Sub-TypeResale
StatusActive
Year1980
Days On Site15

Features

SQ Feet4,350
Story(s)1
Units3
ZoningR2

Loading Form

Loading Form

Area Information

StateCO
CountyArapahoe
CityAurora
Zip Code80012
AreaArapahoe
Listing VS Median (in 80012)
Price:
$800,000
low | high
Med:
$244,950
100% of Average
SqFt:
4,350
low | high
Med:
1,110
100% of Average
$ / SqFt:
$184
low | high
Med:
$221
30.007601351351% of Average
On Site:
15
low | high
Med:
100
15% of Average
Listing Updated: 10/18/2019
MLS Number: 9128275
Listing Provided By:
Julie Fontenot-Shaffer  of  Your Castle Realty LLC
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than Coldwell Banker Distinctive Properties - The Steamboat Luxury Teamname are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently
Full RE Colorado Disclaimer