11914 E 14th Avenue

Aurora, CO 80010

Incomes Property  $1,050,000  Sold

03-30-2018 03:45pm

Excellent 9% Cap Rate! This 8 unit, two-story, brick apartment building consists of eight 1 bedroom + Flex room/1 bath units. Coin operated washer and dryer on the garden level. This investment offers high and sustainable rental income and is located in the hot rental market of North Aurora within walking distance of the University of Colorado Hospital Campus and Fitzsimons Life Science District, which features 50,000+ high-paying jobs in the area. Located within 7 minutes of Stapleton and Stanley Marketplace and minutes away from the Light Rail Station near I-225.

MLS#
7512674
MLS Originator
REcolorado (Denver)
Off Market Date
01-10-2018 12:00am
Original Price
$999,900
Distance to Bus
2.00
Distance to Rail
5.00

Property
Income
Property Subtype
Income
Sold
Status Conditions
None Known
Last Update
03-30-2018 03:45pm
Bedrooms
8
Bathrooms
8
SqFt
4438
Year Built
1960
Der PSF Total
236.59

SqFt Lot
6534.00
SqFt Finished
4438
SqFt Above
4438

Sold Price
$1,050,000
Previous Year Tax
$2,643
Terms and Conditions
Cash, Conventional
Owner Paid Utilities
Electricity,Gas,Insurance,Maintenance,Property Tax,Trash,Water
Transaction Type
For Sale

Interior Features
Walk-in Closets
Appliances
Dishwasher, Refrigerator (Kitchen), Self-Cleaning Oven, Smoke Alarm, Stove/Range/Oven
Flooring
Carpet, Tile Floor
Cooling
Other
Heating
Baseboard
Heating Fuel
Gas

Laundry Availability
Coin-operated

Features
Utility Shed
Base Size
None
Parking Spaces
1
Vehicle Spaces
8
Type
# of Space
L x W
Description
Parking Lot
8
-
Private Parking Lot offers Off- Street Parking

Building Type
5+ Plex (all units),Low Rise (all units)
Structure
Multi-Story
Roof
Cement Shake
Construction
Brick
Exterior Features
Utility Shed
Features
Commercial Improvements,Storage Lockers
Construction Method
Brick
Builder Source
County Records

School District
Adams-Arapahoe 28J
Elementary School
Kenton
High School
Aurora Central

Annual Actual Expenses
25762
Annual Projected Expenses
25762
Annual Actual Income
119052
Annual Projected Income
119052
Annual Actual Net Income
93290
Annual Projected Net Income
93290
Unit Furnished
0

PPA
7000000.00
Lot Width
0.00

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