Exceptional opportunity to acquire a multifamily building, located just three blocks from the vibrant Stanley Marketplace. This property consists of two well-maintained buildings, each containing eight one-bedroom units, for a total of 16 units. Of these, ten units are renovated and six remain unrenovated. This immaculate property also consists of lower-level laundry rooms and off-street parking. The property features a gated entry system surrounding both the buildings and parking lot, offering an added layer of security. Several capital improvements have been made to help minimize future capital expenditure costs. With its proximity to Stanley Marketplace and a mix of renovated and unrenovated units, this property provides both immediate cash flow and significant future upside potential.
Please note: This building is sold in conjunction with 1933 Dallas St, Aurora, CO 80010. Total purchase price is $2.65M and current cap rate is 6.27%.