Rare University Student housing investment opportunity in the Freeman Elementary School/Aurora University area! Fully leased, within easy walking distance of just over a block from Aurora University campus. Meticulously maintained property with interior and exterior recently painted. Six bedrooms, three full baths with fully finished basement and rec room, separate laundry area with utility sink. 2,165 SF finished living space! Large fenced backyard and newly installed landscaping. Newer appliances, newer hot water heater. Fantastic return on investment (approx. 10.4% cap rate, pro forma), tenants pay for all utilities/CATV/Internet. Rental license current. Property is being sold as-is. Exceptional investment opportunity for the novice or seasoned investor looking to build and/or diversify your portfolio!
Keller Williams Infinity.
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Listing information last updated on July 13th, 2020 at 8:15am CDT.