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!
Listing Office: Keller Williams Realty Downtown LLC
Cable Available, Electricity Connected, Phone Connected, Sewer Connected
Keller Williams Realty Downtown LLC
Matt@DenverRealtyGuru.com,720-266-8040
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Listing information last updated on November 21st, 2024 at 2:33pm MST.