13611 E Nevada Pl - Apartments FOR SALE


Aurora, CO 80012- Aurora Hills
$729,999 USD
303-997-4001
13611 E Nevada Pl, Aurora, CO for Sale
$729,999 USD
Apartments - FOR SALE
1/61
null | 6.25% Cap Rate

13611 E Nevada Pl
Aurora, CO 80012
Aurora Hills


OVERVIEW

Strong investment opportunity with an estimated current cap rate of approximately 6.25%, with the potential to reach up to approximately an 8% cap rate if rents are adjusted closer to comparable area rents. Side-by-side brick duplex in desirable Aurora Hills offering flexibility for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom on the main level, along with a spacious living area and functional kitchen layout. The finished basements in both units include an additional large living space, a conforming bedroom, and a second bathroom. Basement bathrooms have been recently remodeled, adding comfort and value. Each side also enjoys a private, fenced yard and a spacious patio, ideal for outdoor living. The basement layouts offer strong potential for separate living areas or future lock-off configurations, with the opportunity to create more distinct units by enclosing the utility spaces. Tenant occupied - must give 24 hour notice.

FOR SALE DETAILS

PRICE

$729,999 USD

PRICE/SF

$191 USD /SF

# OF UNITS

2

PRICE/UNIT

$365,000

CAP RATE

6.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nevada Place Duplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

1973-13-1-01-011

ASK ABOUT THIS PROPERTY

Omari RobinsonRedT HomesMore Info
303-997-4001

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Omari RobinsonRedT HomesMore Info
303-997-4001

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