4401 E Jewell Avenue

    Denver, CO 80222
    • $2,745,000
    • STATUS: Active
    • ON SITE: 52 days
    • ID#: 2420966
    Price Reduced
    UPDATED: 218 min ago
    $2,745,000
    • 15
      BEDS
    • 0.36
      ACRES
    • 12
      BATHS
    • 50
      1/2 BATHS
    • 10,950
      SQFT
    • $251
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2018
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Marcus & Millichap Inc.

    Description

    This is an extremely rare and high cash flow opportunity for an investor looking in the Denver market. The financing on this opportunity, consisting of 5 years of interest only on a 10-year fixed rate, provides an investor 7-8% cash on cash returns including management. If an investor self-manages it will be closer to a 12-13% cash on cash return. Coupled with very limited CAPX exposure, as the property will be completed in 2018, makes this investment opportunity unlike anything else currently on the market.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Wisdom Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.wisdomrealestate.com/homes/83197433

    4401 E Jewell Avenue Denver, CO 80222

    • Price: $2,745,000
    • Status: Active
    • Updated: 218 min ago
    • ID#: 2420966
    15
    Beds
    12
    Baths
    50
    ½ Baths
    0.36
    Acres
    10,950
    SQFT
    $251
    $/SQFT
    2018
    Built
    Neighborhood:
    Virginia Village
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Ellis
    Middle School:
    Merrill
    High School:
    South
    School District:
    Denver 1
    Property Description
    This is an extremely rare and high cash flow opportunity for an investor looking in the Denver market. The financing on this opportunity, consisting of 5 years of interest only on a 10-year fixed rate, provides an investor 7-8% cash on cash returns including management. If an investor self-manages it will be closer to a 12-13% cash on cash return. Coupled with very limited CAPX exposure, as the property will be completed in 2018, makes this investment opportunity unlike anything else currently on the market.
    Exterior Features

    Construction Materials BrickWood Siding Construction Methods Frame Exterior Features BalconyPatioYard Parking Garage (Attached) (2 Spaces) Parking Total Searchable 2 Road Surface Paved Road Roof Other

    Interior Features

    Basement Finished YN No Basement Size Full Cooling Air Conditioning-Individual Heating Floor Furnace Heating Fuel Gas Per Unit Features GarageIndividual Basement Sq Ft Above 7365 Sq Ft Basement 3585 Sq Ft Finished 7365

    Property Features

    Annual Expense Actual 30674 Annual Expense Proj 31645 Annual Income Actual 197880 Annual Income Proj 217304 Annual Net Income Actual 167206 Annual Net Income Proj 185659 Association Fee Frequency Primary Monthly Association Fee Primary 194.00 Association Name Primary Owner Association Phone Primary 303-328-2041 Building Name Townhomes At Virginia Village Features Individual Basement Has Hoa YN Yes Listing Financing CashConventionalExchange Owner Paid Utilities None Potential Rental Income Annual 17000 Seller Type Individual Status Conditions None Known Tax Amount 1999.00 Tax Year 2017 Transaction Type For Sale Unit Count 1 Zoning R-2-A



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Wisdom Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    Wisdom Real Estate
    3924 East 7th Avenue Parkway
    Denver CO, 80206
    Offered by Marcus & Millichap Inc.