1159 Akron St - Apartments FOR SALE


Aurora, CO 80010- Delmar Parkway
$1,375,000 USD
417-459-2155
1159 Akron St, Aurora, CO for Sale
$1,375,000 USD
Apartments - FOR SALE
1/18
null | 6.61% Cap Rate

1159 Akron St
Aurora, CO 80010
Delmar Parkway


OVERVIEW

Cushman & Wakefield is pleased to present a rare turnkey multifamily investment opportunity in the heart of Aurora, Colorado. Located at 1159–1181 Akron Street, this offering consists of two 5-unit buildings totaling 10 fully renovated apartment homes. With a strong inplace rent roll, minimal capital expenditure requirements, and a desirable unit mix, this asset is perfectly positioned for both cash flow-focused investors and 1031 exchange buyers. The property features (8) one-bedroom / one-bath units and (2) two-bedroom / one-bath units, each thoughtfully upgraded with modern finishes including new kitchens, baths, flooring, and fixtures. These renovations not only appeal to today’s discerning renters but also support strong market rents and reduce ongoing maintenance requirements. 1159-1181 Akron is located in an established, high-demand neighborhood within Aurora’s federally designated Opportunity Zone, near key economic hubs including Lowry and Fitzsimons. This area continues to benefit from strong rental demand, job growth, and urban revitalization, making it a strategic long-term hold. Priced below recent comparable sales, 1159–1181 Akron Street offers built-in equity and long-term upside in a supply-constrained market. With its updated interiors, strong location, and compelling financials, this is an ideal low-maintenance, high-yield investment for the savvy multifamily buyer.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$608 USD /SF

# OF UNITS

10

PRICE/UNIT

$137,500

CAP RATE

6.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,355 SF

ZONING

R-4, Aurora

APN/PARCEL ID

1973-03-2-24-007

ASK ABOUT THIS PROPERTY

Lee WagnerCushman & WakefieldMore Info
417-459-2155

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Lee WagnerCushman & WakefieldMore Info
417-459-2155

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