Property has a solid 6.5% cap rate and is in a prime location! Complex has had extensive remodeling done within the last few years making it easy to find tenants. Unique unit mix with a 3 bedroom, 2 bedroom and 1 bedroom. Three bedroom and two bedroom have been rented to long term tenants while the 1 bedroom is renting through air BNB as a furnished unit. This location has a lot going for it including the Perry light rail station, playground, trails, basketball court and even a frisbee golf course right in it's backyard! Development is happening across the street as this makes for a great asset now and into the future. Would make for a great house hack where the buyer could live in the 1 bedroom or the 3 bedroom when tenants lease ends in April. Unit 1 is outfitted with a mini split providing heating and cooling while saving you energy costs. The other units share a furnace and utilize one thermostat. The one bed was averaging closer to $2,500 a month before we switched over month plus length due to Denver rules; if house hacked you could rent it as you want. We currently own the property neighboring to the North of this one if someone was interested in purchasing both.

Listing courtesy of Nick Donato donatopropertymgmt@gmail.com



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