1933 Dallas St - Apartments FOR SALE


Aurora, CO 80010
$1,325,000 USD
720-309-2066
1933 Dallas St, Aurora, CO for Sale
$1,325,000 USD
Apartments - FOR SALE
1/14
null | 5.69% Cap Rate

1933 Dallas St
Aurora, CO 80010


HIGHLIGHTS

  • 4 of the 8 units are renovated
  • Three blocks to Stanley Marketplace and minutes to Anschutz Medical
  • Several capital improvements - roof (2022), boiler (2021) and water heater (2021)
  • RUBS in place for all units
  • Onsite laundry and off-street parking
  • Security fence with coded entry surrounding building and parking lot

OVERVIEW

Exceptional opportunity to acquire a multifamily building, located just three blocks from the vibrant Stanley Marketplace. This property consists of two well-maintained buildings, each containing eight one-bedroom units, for a total of 16 units. Of these, ten units are renovated and six remain unrenovated. This immaculate property also consists of lower-level laundry rooms and off-street parking. The property features a gated entry system surrounding both the buildings and parking lot, offering an added layer of security. Several capital improvements have been made to help minimize future capital expenditure costs. With its proximity to Stanley Marketplace and a mix of renovated and unrenovated units, this property provides both immediate cash flow and significant future upside potential. Please note: This building is sold in conjunction with 1923 Dallas St, Aurora, CO 80010. Total purchase price is $2.65M and current cap rate is 6.27%.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$333 USD /SF

# OF UNITS

8

PRICE/UNIT

$165,625

CAP RATE

5.69%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

OA-RMU

APN/PARCEL ID

1823-34-3-02-022

ASK ABOUT THIS PROPERTY

Moriah AldenGuide Real EstateMore Info
720-309-2066

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Moriah AldenGuide Real EstateMore Info
720-309-2066

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