All three leases expire on 4/30/2024 and the tenants would like to remain in the property. The owner is willing to renegotiate the leases on behalf of the new owner with projected increases of approximately $100 for the entire property, thus pushing the Cap Rate above 5%. Tenants are all current and pay in a timely manner. One tenant has been in the property for 6 years and the second tenant has one year of history. The garage tenant has 5+ years of history with the Owner. Fantastic location near Swedish Medical Center, Porter Hospital, Light Rail, Sprouts, Harvard Gulch, and South Broadway shops. Rents: House - $1, 995 / mo. Carriage - $1, 395 / mo. Garage - $155 / mo.

Listing courtesy of CENTRAL PARK REALTY LLC (303) 489-6196



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