For Sale

Listed by Matthew Collins from LoKation

Source: Information and Real Estate Services, LLC #9898026

APT 204/18193 E Kentucky Ave, Aurora, CO, 80017

$219,964

3
2
2
1177 sq. ft.

Condo

•

30+ days on the market

What's around APT 204/18193 E Kentucky Ave

About this property

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.

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