1592 Boston St - Apartments FOR SALE


Aurora, CO 80010- North Aurora
$4,144,000 USD
303-868-0011
1592 Boston St, Aurora, CO for Sale
$4,144,000 USD
Apartments - FOR SALE
1/16
null | 9.11% Cap Rate

1592 Boston St
Aurora, CO 80010
North Aurora


OVERVIEW

1592 Boston St is a freshly repainted, 32-unit multifamily building in North Aurora with significant upside - Part of a large 10 property, 154 unit portfolio sale. Must call for details on the full portfolio sale. Motivated Seller! This property features a diverse unit mix of 15 three-bedroom apartments, 13 two-bedroom apartments, 1 one-bedroom, and 3 studio units—offering strong rent growth potential. It Includes a laundry room with seller owned washer and dryers for additional income. Building is up to code to collect higher section 8 income. Prime location in a high-demand rental area with strong tenant demand. Just 0.6 miles from the Anschutz Medical Campus, home to UCHealth University of Colorado Hospital, Children’s Hospital Colorado, and the Rocky Mountain Regional VA Medical Center—one of the largest medical hubs in the state. Less than 1 mile to Stanley Marketplace, and just a short drive to both Lowry and the Central Park neighborhood. Located on a visible street with a steady flow of potential tenants.

FOR SALE DETAILS

PRICE

$4,144,000 USD

PRICE/SF

$170 USD /SF

# OF UNITS

32

PRICE/UNIT

$129,500

CAP RATE

9.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Bostonian Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1962

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,876 SF

ZONING

OA - MS

APN/PARCEL ID

1823-34-3-28-019

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.