Section 8, 21.23% Cap Rate!

1445 Yosemite St #21, Denver, CO 80220

  • Characteristics

    Beds: 3
    Baths: 1
    SqFt: 800
    Lot Size: 566
    Year Built: 1959
    APN: 06041-01-046-046
    Property Type: Condominium (Residential)

  • Condition

    Great rental. Buy today, lease it out tomorrow! Cap rate 21.23%.

    Master bedroom of this condo was converted into two bedrooms and section 8 has approved this unit as a 3 bedroom. Section 8 new approved rate for a 3 bedroom is now $2,300.

    1445 Yosemite #14 is under contract at $165,000.

    Steps away from major bus line. University of Colorado Anschutz Medical campus just blocks away. Food and shopping are plentiful and in walking distance. Vega Collegiate Academy right across the street from the unit! Great rental property in an area experiencing rapid growth with new development in every direction.

  • Numbers & Dates

    Numbers
    HOA: $200/mo
    Taxes: $770 annually (2022)
    Rental Income: $27,600
    Repairs: 0-$2,500
    ARV: $165,000
    Asking: $130,000

    Dates
    Investor Walk-Through: 4/14/23 at 10:00am RSVP REQUIRED
    Closing: 4/28/23
    Possession: At Closing

    Contact
    Amy McCraken
    AMcCraken@JoeHomeBuyer.com
    303-478-7895

    *HOA, Taxes, LTR, STR, Repairs, ARV and any other figures are estimates. BTVA.

*DISCLOSURE*
JOE HOMEBUYER IS EXPLORING ALL OPTIONS WITH THIS AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY. WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME.