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APT 204/18193 E Kentucky Ave

Aurora CO 80017

3
2
2
1177 sq. ft.
Condo
Currently for sale - view listing

Overview

9% cap rate at Robinwood. I dare you to find better a better investment property than this. Approx. $23,500 annual net income at current occupancy, with a long-term tenant in place paying $2,800 per month and intends to stay. Renovated units here are still selling around $235K-$255K in this softer market and sold above $275K just a few years ago. Hold for cash flow now now. Remodel and sell later when the timing makes sense. Win-Win... Nearly 1,200 SF, 3 BR, 2 BA, fireplace and 2 assigned parking spaces. These places are golden after a remodel. PHOTOS ARE EXAMPLES ONLY and are not representative of the current condition of this tenant-occupied unit.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1177 sq. ft. floor area
Condo

Happy sellers in Aurora

63%
63% of sellers in Aurora reported that their sale price either exceeded or met their price expectations.

Aurora stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Aurora over the last 12 months.

Local market activity for 3 bedroom condos in Aurora

In the last 12 months, 25 three-bedroom condos similar to APT 204/18193 E Kentucky Ave, have been sold.

This represents a 39% increase in three-bedroom condos sales when compared to the previous 12 months.

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