Great income property with 4 nicely-renovated units at 1106 Rosemary…
8822 E Florida Avenue, Denver, Denver County, Colorado, 80224, United States of America
Located at 8822 E. Florida Ave. in Denver. These 11 condos in the Country Club Villas can be purchased in part or as an entire package. Buy 4 or buy all 11. Direct investors only. No buyer broker fee offered.
Very low HOA fees and Section 8 tenants already in place make these a turn-key investment at a 7.2% cap rate on current actual numbers with a 12.5% cash on cash return. HOA includes water, sewer, trash, and heat. The photos are of a more recently updated unit. Not all units are updated but the numbers are the same regardless. Amenities include an indoor and outdoor pool, picnic areas, weight room, and rec room.
Call Jay for Details. 720-495-2412