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18043 E Ohio Avenue , #103

Aurora, CO 80017
  • $940,000
  • STATUS: Active
  • ON SITE: 32 days
  • ID#: 7653453
UPDATED: 18 min ago
$940,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,177
    SQFT
  • $799
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1982
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Era New Age.

Description

Portfolio of Four (4) Robinwood Condo units available for sale at a total price of $960,000. Each unit is 3 bed/2 bath and 1,177 SF. Projected Cap Rate of 7.07% easily achievable based on allowable Section 8 rents (aggregate, all units). Excellent investment opportunity with tremendous cash flow. Low maintenance, strong HOA (approx. $350/unit/mo) includes water, sewer & trash, property well maintained. Each unit includes washer/dryer hookups, central A/C, central gas heat, and access to community pool. Quality tenants " Two (2) MTM Section 8 Leases with immediate availability for significant rent increases with little impact to tenants payment amount. Two (2) Conventional Leases expiring Aug-21 and Feb-22. Portfolio includes units at 18063 E Ohio Ave (unit 201), 18043 E Ohio Ave (units 101 & 103) and 18033 E Ohio Ave (unit 101). Corresponding PIN: (032415754, 032415631, 032415657, 032386371) Buyers agent to verify all HOA, square footage and school info.

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Licensed in the State of Colorado, USA

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 The DeGrood Team | Brokers Guild 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 verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.degroodteam.com/homes/117501505
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18043 E Ohio Avenue , #103 Aurora, CO 80017

  • Price: $940,000
  • Status: Active
  • Updated: 18 min ago
  • ID#: 7653453
3
Beds
2
Baths
0
½ Baths
N/A
Acres
1,177
SQFT
$799
$/SQFT
1982
Built
Neighborhood:
Robinwood
County:
Arapahoe
Area:
Aurora
Elementary School:
Arkansas
Middle School:
Mrachek
High School:
William Smith
School District:
Adams-Arapahoe 28J
Property Description
Portfolio of Four (4) Robinwood Condo units available for sale at a total price of $960,000. Each unit is 3 bed/2 bath and 1,177 SF. Projected Cap Rate of 7.07% easily achievable based on allowable Section 8 rents (aggregate, all units). Excellent investment opportunity with tremendous cash flow. Low maintenance, strong HOA (approx. $350/unit/mo) includes water, sewer & trash, property well maintained. Each unit includes washer/dryer hookups, central A/C, central gas heat, and access to community pool. Quality tenants " Two (2) MTM Section 8 Leases with immediate availability for significant rent increases with little impact to tenants payment amount. Two (2) Conventional Leases expiring Aug-21 and Feb-22. Portfolio includes units at 18063 E Ohio Ave (unit 201), 18043 E Ohio Ave (units 101 & 103) and 18033 E Ohio Ave (unit 101). Corresponding PIN: (032415754, 032415631, 032415657, 032386371) Buyers agent to verify all HOA, square footage and school info.
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Balcony Garage YN No Parking Total 8 Patio And Porch Features PatioBalcony Pool Features Outdoor PoolAssociation Roof ArchitecturalShingle Structure Type Quadruplex

Interior Features

Basement YN No Cooling Central Air Entry Location Stairs Fireplace Features Living Room Fireplace YN Yes Flooring CarpetTileVinyl Heating Forced Air Heating YN Yes Levels Two Living Area Sq Ft 1177

Property Features

Above Grade Finished Area 1177 Association Amenities ClubhousePool Association Fee 1400 Association Fee Frequency Monthly Association Fee Includes InsuranceIrrigation WaterMaintenance GroundsMaintenance StructureSewerSnow RemovalTrashWater Association YN Yes Building Area Source Public Records Common Walls 1 Common Wall Construction Materials FrameWood Siding Electric 110 Volts Exclusions Tenants Personal Property Listing Terms CashConventional Ownership Individual Property Condition Updated/Remodeled Property Sub Type Quadruplex Senior Community YN No Sewer Community/Coop Sewer Special Listing Conditions None Tax Annual Amount 1193 Tax Year 2019 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone Connected Water Source Public Zoning Pud

Listing courtesy of Era New Age: MLS #7653453


Licensed in the State of Colorado, USA

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 The DeGrood Team | Brokers Guild 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 verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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The DeGrood Team | Brokers Guild
7995 E Hampden Ave, Suite 100
Denver CO, 80231
Offered by Era New Age.