10712 East Exposition Avenue, Unit 209

Aurora, CO 80012

$1,505,000
Price
19
Beds
11
Baths
7,360 Sq. Ft.
$204 / Sq. Ft.
7,360
Sq. Ft.
$204
per Sq. Ft.

Description

7.8% real current cap rate! 9% pro forma cap rate! 9 out of 10 units have tenants in place, making this cash flow on day one. This is a package of individual units in the same complex, not a purchase of the entire building - making upkeep a breeze. Scattered property loan available, which will not count against your conventional mortgage limit... I challenge you to find better cap rates anywhere in the Denver Metro Area! This is one of the most aggressive portfolios to hit the market in a long time....7.8% real current cap rate! 9% pro forma cap rate! 9 out of 10 units have tenants in place, making this cash flow on day one. This is a package of individual units in the same complex, not a purchase of the entire building - making upkeep a breeze. Scattered property loan available, which will not count against your conventional mortgage limit... I challenge you to find better cap rates anywhere in the Denver Metro Area! This is one of the most aggressive portfolios to hit the market in a long time. Cap rate includes ALL expenses - vacancy, maintenance, management fees, HOA fees, insurance, and taxes. The cap rate at current rents goes up to 8.7% if you self manage! A crazy 10% pro forma cap rate if you self manage!
  1. Listed by Matthew Collins • Keller Williams Realty Downtown LLC • Matt@DenverRealtyGuru.com,720-266-8040

Property Details for 10712 East Exposition Avenue, Unit 209

Structure Type
Triplex
Levels
One
Stories
1
Subdivision Name
High Hollows
Association
Yes
Multiple Associations
No
Basement
No
LISTING UPDATED: 11/14/2024 01:40 PM

Property Details for 10712 East Exposition Avenue, Unit 209

StatusActive
MLS #7788253
Days on Compass2
Taxes$549 / year
HOA Fees$41,076 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1973
Lot Size-
CountyArapahoe County

Building Information for 10712 East Exposition Avenue, Unit 209

Stories-Residences-Year Built1973Building Size-Lot Size-

Property Information for 10712 East Exposition Avenue, Unit 209

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 7360
  • Sqft Total: 7360
  • Living Area (SqFt Finished): 7360
  • Above Grade Finished Area: 7360
  • Living SqFt: 7360
  • Area Source: Public Records
  • PSF Total: 204
  • PSF Above Grade: 204
  • PSF Finished: 204
  • Master on Main: No
  • Heating: Forced Air
  • Cooling: Central Air
  • Appliances: Dishwasher, Disposal, Oven, Range, Range Hood, Refrigerator
Financials & Expenses
Fees & Restrictions
  • Pets Allowed: Cats OK, Dogs OK
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 19
Bathrooms
  • Bathrooms Total: 11
Unit Information
Unit 1
  • Unit Type: 3 Bedroom
  • Units Total: 1
  • Unit Average Rent: $2,550.00
  • Unit Average Sq Ft: 1008
  • Description: Currently vacant. Pro forma = $2,550
Unit 2
  • Unit Type: 2 Bedroom
  • Units Total: 7
  • Unit Average Rent: $1,645.00
  • Unit Average Sq Ft: 761
  • Description: Current avg rent = $1,645. Pro forma = $1,850
Unit 3
  • Unit Type: 1 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,250.00
  • Unit Average Sq Ft: 581
  • Description: Current rent = $1,250. Pro forma = $1,550
Unit 4
  • Unit Type: Studio
  • Units Total: 1
  • Unit Average Rent: $1,275.00
  • Unit Average Sq Ft: 444
  • Description: Current rent = $1,275. Pro forma = $1,300
Parking
Parking
  • Attached Garage: No
  • Parking Type: Parking Lot
  • Parking Description: Parking Lot-200
  • Parking Details: 200
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 200
  • Parking Count: 200
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Includes: Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Sewer, Snow Removal, Trash
  • Association Fee Total Annual: $41,076
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Highline Community
  • Elementary School District: Cherry Creek 5
  • Middle Or Junior School: Prairie
  • Middle Or Junior School District: Cherry Creek 5
  • High School: Overland
  • High School District: Cherry Creek 5
Site & Location Information
  • Property Exclusions: none
Building Information
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Wood Siding
  • Roof: Composition
  • Common Walls: 2+ Common Walls
  • Exterior Features: Balcony
  • Patio And Porch Features: Covered
  • Livable Structure Count: 0
  • Unit Count: 4
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • Electric: Separate Meter Electricity

Public Records for 10712 East Exposition Avenue, Unit 209

Taxable ValueLand-Additions-Total-
Tax Record2023$549 ($46 / month)
Home Facts
Beds2Total Finished SqFt761 SqFtAbove Grade Finished SqFt761 SqFtStories1Lot Size436 SqFtStyleCondominiumYear Built1973Year Renovated1996CountyARAPAHOEAPN1973-14-3-22-023

Schools near 10712 East Exposition Avenue, Unit 209

This home is within Cherry Creek 5 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Highline Community Elementary School
PublicPK to 5

Prairie Middle School
Public6 to 8

Overland High School
Public9 to 12

Challenge School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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10712 East Exposition Avenue, Unit 209 is a multi-family home for sale in Aurora, CO 80012. This property was listed for sale on November 14, 2024 by Keller Williams Realty Downtown LLC, it's currently listed at $1,505,000. This listing's school district is Cherry Creek 5 School District. Nearby schools include Highline Community Elementary School, Prairie Middle School and Overland High School. 10712 East Exposition Avenue, Unit 209 is a 19-bed, 11-bath, 7,360 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Downtown LLC, Matthew Collins

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.