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3 Condo Package Deal in Cherry Grove Condos, Aurora, CO

  • Condo 1: C11, Aurora, CO

    Beds/Bath: 2/2
    Sq Ft: 1,032
    A/C:Central
    Heat: Forced
    Basement: No
    Garage: No
    Year Built: 1982
    HOA: $280/Month

    Monthly Rent: $1,650

    Condition
    Clean, but needs updates. Could use flooring, an appliance upgrade, countertops, paint and lighting fixtures.

  • Condo 2: B03, Aurora, CO

    Beds/Bath: 1/1
    Sq Ft: 756
    A/C:Central
    Heat: Forced
    Basement: No
    Garage: No
    Year Built: 1982
    HOA: $280/Month

    Monthly Rent: $1,250

    Condition
    Clean, but needs updates. Could use flooring, an appliance upgrade, countertops, paint and lighting fixtures.

  • Condo 3: A10, Aurora, CO

    Beds/Bath: 1/1
    Sq Ft: 7 56
    A/C:Central
    Heat: Forced
    Basement: No
    Garage: No
    Year Built: 1982
    HOA: $280/Month

    Monthly Rent: $1,250

    Condition
    Updated. Could be listed immediately or add paint and lighting fixtures.

    By the Numbers
    Estimated Repair Costs: $15,000 total for all 3
    LTR Income: $50,800 annually

    STR Income: $62,000 annually

    ARV: $600,000 for all 3

    Asking: $505,000 First investor in at asking takes the deal. No bidding wars.

    Closing: Flexible but must be December 2021.

    Additional questions? Call, text or email and we’ll be happy to help you.
    303-900-5701
    amccraken@joehomebuyer.com

*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.