12638 E Kansas Pl, Aurora, CO 80012
- $1,600,000
- 18
- BD
- 12
- BA
- 6,500
- SqFt
Courtesy of LoKation . Matt@DenverRealtyGuru.com,720-266-8040
- List Price
- $1,600,000
- Type
- Multifamily
- Status
- ACTIVE
- MLS Number
- 4360997
- Finished Sqft
- 6,500
- Subdivision
- Several
- Year Built
- 1976
Property Description
6 TOWNHOUSES. $1.6M. 6.9% CAP RATE. All six are currently tenant occuppied 3-bedroom townhouses producing strong income with clear individual resale upside later. Buy at portfolio pricing, hold for cash flow while the market improves, then renovate and sell units one by one as leases expire—or simply continue holding for yield. The opportunity is simple: cash flow now, then fix & flip as tenants move out. Cosmetic upgrades could materially improve the individual sale price point without requiring major redevelopment. Collect income, improve selectively, and exit each unit when the timing makes sense.
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Additional Information
- School District
- Adams-Arapahoe 28J
- Elementary School
- Virginia Court
- Middle School
- Aurora Hills
- High School
- Gateway
- Parking Spaces
- 2
- Total HOA Fees
- $2,775
- HOA Frequency
- Monthly
- Taxes
- $10,800
Home Value Report
INSTANT. FREE. ACCURATE.
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