Fully occupied at close to market rent, this recently updated fourplex boasts strong cash flow and is currently performing at an 11%+ ROE with a 22% expense ratio; $20k upside with $25k rehab, comps to $540k. Located in 80916, recently one of the four fastest growing zip codes in the nation, its southeast location offers a good path to development with numerous community redevelopment initiatives already underway and is also close to shopping, restaurants and the intrastate with easy access to I-25. 24 average rental days on market and a decent 7%+, 10 yr price trend (single/multi-family combined), this asset may be worth taking a look at.
Click this link for a detailed analysis: 181220-1 Investment Analysisand contact us with any interest. A third party listing, NCND and/or buyer agency agreement is requested.
This gorgeous, custom home is a mountain oasis in the heart
of the city, offering an open floorplan and 360-degree mountain & city
views! Enter into a large, vaulted great room with an ENTIRE GLASS WALL,
walk-out to 2 of 4 decks - enjoy magnificent views! A formal dining room
adjoins large, modern kitchen with new stainless steel appliances & granite
counters. Step-down to a family room with gorgeous, cultured stone fireplace
& a walkout to 2nd deck.
On the top level are 2 ample sized bedrooms and master
bedroom suite featuring a 5 pc bath, jetted tub with a Tiffany lamp and
Bluetooth speaker for complete relaxation, a walk-in closet with cedar floors
& walk-out to a 3rd, private deck. You'll also find another guest bathroom
featuring an OVERSIZED shower and bench on that level - perfect for any living
Step down 2 levels to a 2nd family room with another
cultured stone fireplace, wet bar & walkout to 4th deck. Another two
bedrooms & third bathroom on the lower level will make a great living area
for in-laws, kids home from college, a short term guest?
INTERIOR HIGHLIGHTS OF HOME:
Completely remodeled home. The main level offers a very open layout. Offers a large laundry room w/built-in cabinets & utility sink. 2 central a/c units & furnaces with ceiling fans in every bedroom provide maximum, all-season comfort. Oversized, 3-car garage with ample space for a workshop! at the end of a cul-de-sac sets atop a hill with pine trees, scrub oak and wildlife galore - unrivaled privacy!
At the north end of town & near great schools, shopping,
restaurants, a public library, I-25, and more, it's a luxurious, cost-effective
alternative to Denver prices AND an easy in-town commute.