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Justin Morgan

Justin Morgan

+1(720) 893-2278
$6,989,000
Est. payment /mo
25,008 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 25,008 sqft

Price per Sqft $279

MLS Listing ID 4173852

Style Contemporary

HOA Y/N No

Year Built 2025

Annual Tax Amount $22,858

Tax Year 2025

Property Sub-Type Multi Family

Source recolorado

Property Description

Turnkey Rental Portfolio for sale. All new construction. 16 homes - 14 townhomes, 2 single family homes. 11 townhomes in Meridian Park, 2 single family homes in Shadow Mesa, 3 townhomes at Row Homes at Bunting (1 block from University). Cap Rate Avg with current rents and current value = 5.74%. 12 currently rented, 4 in progress/listed. Benefits include cost segregation, tax benefits, appreciation, cash flow, low maintenance neighborhoods, low maintenance new construction. HOA in all subdivisions covers snow removal, landscape maintenance, fiber internet, trash (in Meridian park and Shadow Mesa)

Location

County Mesa

Zoning C-1

Interior

Fireplace N

Exterior

Exterior Feature Lighting

Parking Features Concrete, Dry Walled, Finished Garage, Insulated Garage, Lighted, Smart Garage Door

Garage Spaces 24.0

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Sewer Connected

Roof Type Shingle

Total Parking Spaces 60

Garage Yes

Building

Lot Description Landscaped, Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Stucco

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by BOA Sales Group

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Justin Morgan

+1(720) 893-2278

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