10732 Exposition Ave Aurora, CO 80012
- Multifamily properties
- 7,360 SF
Current Use by Public Records
- Multifamily properties
Property Details for 10732 Exposition Ave
- Year built
- 1973
- Property size
- 7,360 SF
- Property type
- Multifamily properties
Description
This exceptional investment opportunity presents a portfolio of nine out of ten occupied units within the same Aurora, CO complex at 10732 E Exposition Avenue, Unit 321. The property boasts a total of 7,360 square feet and offers immediate cash flow due to the high occupancy rate. This is a package of individual units, not the entire building, simplifying maintenance and management. The current cap rate is 7.8%, with a pro forma cap rate of 9% reflecting potential for increased profitability. A scattered site loan option is available, allowing for flexibility in financing and not impacting conventional mortgage limits. All expenses are included in the cap rate calculation: vacancy, maintenance, management fees, HOA fees, insurance, and taxes. Self-management offers even greater returns, increasing the current cap rate to 8.7% and the pro forma cap rate to a remarkable 10%. This portfolio represents a rare opportunity to acquire a high-yielding multifamily investment in the Denver Metro Area, offering significant potential for strong returns. The property is situated in Aurora, CO, providing convenient access to the city's amenities and transportation networks. This is a compelling investment opportunity for those seeking immediate cash flow and significant long-term growth potential. The seller is offering a unique opportunity to acquire a well-performing portfolio with minimal upfront management responsibilities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.863
- Latitude
- 39.7026
