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871 S Uravan Court Aurora, CO 80017
  • Beds 8
  • Garage 4
  • Baths 4
$1,200,000
  • Status For Sale
  • Year Built 1985
  • Property Type Homepage Residential, Residential Listing

About This Property

NEWLY remodeled and rent-ready multifamily quadplex located in Southeast Aurora. Turn-Key, 5.6% Cap Rate! Includes four, 2-bedroom, condo-like units with attached garages and washer/dryer in units with back patios. Two units are 100% newly remodeled to include luxury vinyl plank flooring, granite countertops, stainless steel LG appliances, NEW bathrooms and new interior paint. The other two units have also been updated with new carpet, paint and appliances with Strong Rents! The property has been well maintained. 5.6% CAP rate with market rents at $1750 - $1800/mo. (5.5% for Property Management and 3% vacancy reserves). Each unit has a dedicated attached single car garage and additional off-street parking on a very large parking driveway. There is utility chargeback to tenants to cover water, sewer and trash. Multifamily properties are RARE in this neighborhood and subdivision. Take advantage of this excellent investment opportunity!

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