9 Lansing St - Apartments FOR SALE


Aurora, CO 80010- Highline Villages
$899,999 USD
720-989-7727
9 Lansing St, Aurora, CO for Sale
$899,999 USD
Apartments - FOR SALE
1/24
null | 7.61% Cap Rate

9 Lansing St
Aurora, CO 80010
Highline Villages


HIGHLIGHTS

  • Wel maintained property with easy value add opportunity to add bedrooms
  • Rare 3 car garage for added storage and parking
  • Townhome style units with nice backyard.

OVERVIEW

Great opportunity for this well cared for, value-add, Tri-plex. Owner occupied for 36 Years! Tenants will love what this property has to offer!  This property qualifies for a credit of 1.75% of the loan amount when financed through Guardian Mortgage that can be used to buy the rate down or towards closing costs. Located in a quiet corner of the neighborhood, just east of Lowry and the Common Grounds golf course. Two miles south of the Fitzsimons Medical Center. Side-By-Side, Townhouse-style apartment Units.  Currently 2bd, 1.5ba units with unfinished basements ready for 3rd and even 4th bedrooms. Easy value add! 3 car garage and additional off street parking for cars or an RV.  Very unique for the  area!   Nice rear patios and large back yard. Mountain views from the upstairs bedrooms! Lots of updates including new exterior siding and paint, updated vinyl flooring, fresh interior paint, and newer counter tops.  7% cap rate with current 2bd units.  Easily add bedrooms to achieve an 8 or 9% cap rate. Two units are currently owner occupied. One unit is vacant. Owners will be moving out at closing.

FOR SALE DETAILS

PRICE

$899,999 USD

PRICE/SF

$191 USD /SF

# OF UNITS

3

PRICE/UNIT

$300,000

CAP RATE

7.61%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9 Lansing St Triplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,023 SF

ZONING

R-2

APN/PARCEL ID

1973-11-3-05-024

ASK ABOUT THIS PROPERTY

Brad UhligWest Peak Properties.comMore Info
720-989-7727

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Brad UhligWest Peak Properties.comMore Info
720-989-7727

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.