17 Beds
10,595 SqFt
17 Beds
10,595 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 10,595 sqft
Price per Sqft $226
Subdivision Aurora Central North Apts 1973
MLS Listing ID 5083413
Bedrooms 17
HOA Y/N No
Abv Grd Liv Area 10,595
Year Built 1961
Annual Tax Amount $17,149
Tax Year 2025
Property Sub-Type Quadruplex
Source recolorado
Property Description
The offering includes the assumption of an existing Freddie Mac Small Balance Loan with approximately 90% loan-to-value financing, a fixed 5.77% interest rate, and interest-only payments through November 2029. This highly favorable debt structure allows investors to generate an estimated 13% Day One Cash-on-Cash Return, creating immediate yield that is rarely available in today's lending environment while requiring significantly less upfront equity.
Ideally positioned just east of Downtown Denver, the property benefits from convenient access to Interstate 225, Interstate 70, the Anschutz Medical Campus, Lowry, Fitzsimons Innovation Community, Buckley Space Force Base, and Denver's largest employment corridors. The combination of a desirable location, spacious unit mix, and highly attractive assumable financing creates a rare opportunity for investors to acquire a cash-flowing asset with meaningful operational upside. By continuing to stabilize the property during the remaining interest-only loan term, future ownership will be well positioned for a refinance or sale upon loan maturity.
Location
State CO
County Arapahoe
Rooms
Basement Finished
Interior
Heating Hot Water
Cooling Other
Fireplace N
Exterior
Roof Type Composition
Total Parking Spaces 12
Garage No
Building
Sewer Public Sewer
Level or Stories One
Structure Type Other
Schools
Elementary Schools Fulton
Middle Schools Aurora Highlands
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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Owner & Licensed Realtor | FA.100076714