11948 E 17th Avenue

    Aurora, CO 80010
    • $2,175,000
    • STATUS: Under Contract
    • ON SITE: 77 days
    • ID#: 7982508
    Under Contract
    $2,175,000
    • 23
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,750
      SQFT
    • $171
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Pinnacle Real Estate Advisors.

    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.

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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 James Crocker Team | Crocker Realty 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.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.crockerrealty.com/homes/93329570

    11948 E 17th Avenue Aurora, CO 80010

    • Price: $2,175,000
    • Status: Under Contract
    • ID#: 7982508
    23
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    12,750
    SQFT
    $171
    $/SQFT
    1971
    Built
    Neighborhood:
    Aurora
    County:
    Adams
    Area:
    Aurora
    Elementary School:
    Paris
    Middle School:
    North
    High School:
    Aurora Central
    School District:
    Adams-Arapahoe 28J
    Property 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.
    Exterior Features

    Construction Materials Brick Construction Methods BrickFrame Parking Off-Street (17 Spaces) Parking Total Searchable 17 Road Surface Paved Road Roof Wood Structural Style Multi-Level Style Characteristics Low Rise (1-3) Unit Access Exterior Access

    Interior Features

    Basement Size None Cooling None Flooring Laminate Heating Baseboard Heating Fuel Hot Water Laundry Availability Coin-OperatedShared Laundry in Building Sq Ft Above 12750 Sq Ft Finished 12750

    Property Features

    Accepting Backup Offers YN Yes Additional Information Income History AvailableIncome PotentialQuick Possession Annual Expense Actual 66230 Annual Expense Proj 66742 Annual Income Actual 197389 Annual Income Proj 206400 Annual Net Income Actual 131159 Annual Net Income Proj 139658 Building Area Source County Records Building Type 5+ Plex (All Units)Low Rise (All Units) Contingent Approval Conditions None Known Features Professionally Managed Has Hoa YN No Listing Financing CashConventionalExchangeOther Potential Rental Income Annual 206400 Real Estate Taxes 11468 Seller Type Individual Status Conditions None Known Tax Amount 11468.00 Tax Year 2018 Transaction Type For Sale Unit Count 2 Zoning Fba

    Listing courtesy of Pinnacle Real Estate Advisors: MLS #7982508


    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 James Crocker Team | Crocker Realty 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.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    James Crocker Team | Crocker Realty
    8778 Wolff Ct Suite 204
    Westminster CO, 80031
    Offered by Pinnacle Real Estate Advisors.