* Very unique student housing investment opportunity offering one building containing four (4) individual condo units built in 1981. Each condo has 3 bedrooms and 1 3/4 baths. * Colorado Christian University (CCU) is located approximately three (3) blocks to the east of the subject property and currently has a master lease on all of the four (4) units. The current Lease expires on June 30, 2018. * CCU is responsible for all the utilities, insurance, snow and trash removal, interior and exterior lighting, janitorial, minor plumbing repairs, furnace and a/c filter replacement, broken glass (not covered by insurance), annual carpet cleaning and annual preventative maintenance of the boilers, water heaters and a/c. * Owner is responsible for the Real Estate Taxes (2016: $4,867.78), HOA dues $100 per month and repairs over $2,500 per occurrence. * Current rental income is $5,200/per month for all four (4) units. * Great opportunity for a turn key investment.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
