11948 E 17th Ave - Apartments FOR SALE


Aurora, CO 80010- North Aurora
$2,970,000 USD
303-868-0011
11948 E 17th Ave, Aurora, CO for Sale
$2,970,000 USD
Apartments - FOR SALE
1/23
null | 7.16% Cap Rate

11948 E 17th Ave
Aurora, CO 80010
North Aurora


OVERVIEW

Visit 11948E17th.com for more details. 11948 E 17th Avenue is a Value-Add, 18-unit multifamily building in North Aurora with significant upside. Ready to be leased or repositioned for increased NOI. Motivated Seller! Featuring 18 recently updated units, 5 three bedroom apartments, 12 two bedroom apartments, and one 1 bedroom apartment. Includes a laundry room with seller owned washer and dryers for additional income. Building is up to code to collect higher section 8 income. Great location on a Main Street for higher visibility that offers a steady flow of leads for new tenants. Located right across the street from the Anschutz University Medical Center Campus, which includes UCHealth University of Colorado Hospital, Children’s Hospital and the new VA Hospital. 2 miles to Stanley Marketplace, the Lowry neighborhood, and the Central Park neighborhood of Denver.

FOR SALE DETAILS

PRICE

$2,970,000 USD

PRICE/SF

$229 USD /SF

# OF UNITS

18

PRICE/UNIT

$165,000

CAP RATE

7.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The LeBaron Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1971

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

MU-FB

APN/PARCEL ID

1823-35-4-18-008

ASK ABOUT THIS PROPERTY

Michelle GlassKeller Williams Urban Elite - CommercialMore Info
303-868-0011

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Michelle GlassKeller Williams Urban Elite - CommercialMore Info
303-868-0011

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