$4,000,000

11111 E Mississippi Avenue

Aurora CO, 80012

Description

Fantastic Opportunity for Investor to Enjoy this 2 Story Office Bldg Circa 1975 Renovated in 2010 (approximately) Cash flow!!! Medium and Small Offices are 98% Occupied! (Currently 1 Small Office is Available) Cash FLOW!!!!! Expenses are Super Low on this Low Maintenance Bldg (Brick & Stone). Gross Income currently is $530,400 (Annually) Current Expenses are $176,800 (Annually) NET INCOME $354,120 CAP RATE of 8.8% You Won't Finds a Sweeter Deal Out There! Previous Occupant was Medical/non-Profit. Call for Details DON"T DISTURB TENANTS!!!!! Call Listor to Arrange Showings. Price also Includes 1051 South Kingston Street (1428 sq ft Garage and parking Lot

Details

MLS#9412967
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1975
Days On Site14

Features

SQ Feet46,604
Story(s)2
ZoningOffice
Acreage1.40

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Area Information

StateCO
CountyArapahoe
CityAurora
Zip Code80012
Listing VS Median (in 80012)
Price:
$4,000,000
low | high
Med:
$241,450
100% of Average
SqFt:
46,604
low | high
Med:
978
100% of Average
$ / SqFt:
$86
low | high
Med:
$247
100% of Average
On Site:
14
low | high
Med:
187
7.486631016043% of Average
Listing Updated: 02/15/2020
MLS Number: 9412967
Listing Provided By:
Trish A. Rayner  of  MB Metro Brokers 7th Avenue Properties LLC
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