1350 Kingston St - Apartments FOR SALE


Aurora, CO 80010- Delmar Parkway
$1,450,000 USD
720-637-8119
1350 Kingston St, Aurora, CO for Sale
$1,450,000 USD
Apartments - FOR SALE
1/19
null | 7.61% Cap Rate

1350 Kingston St
Aurora, CO 80010
Delmar Parkway


OVERVIEW

-Large Unit Formats: 80% 2 & 3-Bed Unit Layouts; Within 0.30 miles, 50% of comparable product only offers small, studio/1-bed floorplans -Roof replaced in 2022 & 75% of units have vinyl plank flooring (Bedrooms, Living Areas) -Strong In-Place Returns: ~200 Bps of positive leverage & a 11.24% Cash-on-Cash return -Aggressive Agency Financing Options Available Through Walker & Dunlop: ~5.35% Interest Rates, 70% LTV, & Interest-Only Options

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

10

PRICE/UNIT

$145,000

CAP RATE

7.61%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kingston Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,720 SF

ZONING

OA-RMU

APN/PARCEL ID

1973-02-2-15-005

ASK ABOUT THIS PROPERTY

George HanlonWalker & Dunlop LLCMore Info
720-637-8119

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George HanlonWalker & Dunlop LLCMore Info
720-637-8119

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.