For sale 4 days ago

$118,500

rooms 1 ba 598 sqft

8822 E. Florida Ave, Denver, CO 80247

Multiple Occupied Off MLS

Current Rent

$1,125

Cap Rate

Pro Only

Cash on Cash ROI

Pro Only

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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