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activeCondoMLS# 4360997
$1,600,000
$246/sqft
12638 Kansas Place, Aurora, CO 80012
18
Bedrooms
12
Bathrooms
6,500
Sq Ft
1976
Year Built
2
Garage Spaces
About This Home
6 TOWNHOUSES. $1.6M. 6.9% CAP RATE. All six are currently tenant occuppied 3-bedroom townhouses producing strong income with clear individual resale upside later. Buy at portfolio pricing, hold for cash flow while the market improves, then renovate and sell units one by one as leases expire—or simply continue holding for yield. The opportunity is simple: cash flow now, then fix & flip as tenants move out. Cosmetic upgrades could materially improve the individual sale price point without requiring major redevelopment. Collect income, improve selectively, and exit each unit when the timing makes sense.
Property Details
Property TypeCondo
Statusactive
MLS #4360997
Year Built1976
Living Area6,500 sqft
Price Per Sqft$246
Bedrooms18
Bathrooms12
Garage2 spaces
HOA Fee$2,775/mo
Annual Taxes$10,800
Days on Market3
Listing AgentLoKation
MLS SourceREPLIERS
CityAurora
StateCO
ZIP Code80012
Location
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Financial Overview
List Price$1,600,000
Price/Sqft$246
HOA Fee$2,775/mo
Annual Taxes$10,800
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