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.
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