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Archived 5 months ago

$118,500

rooms 1 ba 598 sqft

8822 E. Florida Ave, Denver, CO 80247

Multiple Occupied

Current Rent

$1,125

Cap Rate

Pro Only

Cash on Cash ROI

Pro Only

Posted By:

Brad Uhlig

Real Estate Agent
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11 Unit Condo Portfolio $118,000 per unit

Located at 8822 E. Florida Ave. in Denver. These 11 condos in the Country Club Villas can be purchased in part or as an entire package. Buy 4 or buy all 11. Direct investors only. No buyer broker fee offered.

Very low HOA fees and Section 8 tenants already in place make these a turn key investment at a 7.2% cap rate on current actual numbers with a 12.5% cash on cash return. HOA includes water, sewer, trash, and heat. The photos are of a more recently updated unit. Not all units are updated but the numbers are the same regardless. Amenities include an indoor and outdoor pool, picnic areas, weight room, and rec room.
Call Jay for Details. 720-495-2412

Location:

8822 E. Florida Ave, Denver, CO 80247

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*The cap rate and cash on cash return calculations found on BiggerPockets Listings are designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.