1960 Dallas St - Apartments FOR SALE


Aurora, CO 80010- North Aurora
$4,144,000 USD
303-868-0011
1960 Dallas St, Aurora, CO for Sale
$4,144,000 USD
Apartments - FOR SALE
1/11
null | 9.24% Cap Rate

1960 Dallas St
Aurora, CO 80010
North Aurora


OVERVIEW

1960 Dallas 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. Contact listing broker for details. Motivated Seller! This property features a diverse unit mix of 15 three-bedroom apartments, 8 two-bedroom apartments, and 9 one-bedrooms—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 0.5 miles from Stanley Marketplace and just a short drive to both Lowry and the Central Park neighborhood. Less than 3 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. Located on a visible street with a steady flow of potential tenants.

FOR SALE DETAILS

PRICE

$4,144,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

32

PRICE/UNIT

$129,500

CAP RATE

9.24%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dallas Landing Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1967

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

R-4, Aurora

APN/PARCEL ID

1823-34-3-01-024

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 Notice.