9407 E 17th Ave - Apartments FOR SALE


Aurora, CO 80010- North Aurora
$1,800,000 USD
303-868-0011
9407 E 17th Ave, Aurora, CO for Sale
$1,800,000 USD
Apartments - FOR SALE
1/14
null | 7.33% Cap Rate

9407 E 17th Ave
Aurora, CO 80010
North Aurora


HIGHLIGHTS

  • ASK about SELLER FINANCING at 4%! - Rare opportunity. CALL NOW!
  • Significant capitol improvements completed; such as updated electrical systems, plumbing and a NEW boiler
  • Well-located asset - just minutes from newly developed A-class buildings and the Stanley Marketplace
  • Features a laundry room with seller owned washers and dryers, adding convenience for tenants
  • UCHealth at the University of Colorado Anschutz Medical Campus is less than 2 miles away
  • Approximately $18,000 per month in gross rental income

OVERVIEW

Rare SELLER FINANCING Available at 4%! Contact Michelle Glass at 720-575-2870. 9407E17th.com. 9407 E 17th Avenue offers a turnkey, stabilized multifamily investment opportunity in North Aurora, with attractive seller carry terms that make this a uniquely accessible deal for investors. This 12-unit property features eleven updated 2-bedroom apartments and one 1-bedroom apartment. All major capital improvements have been completed, including updated electrical and plumbing systems, a new boiler, and a laundry room with seller-owned washers and dryers. The building is fully up to code and approved to collect higher Section 8 rental income, providing a strong and stable tenant base. Located on a high-visibility main street, the property benefits from excellent exposure and a steady flow of new tenant leads. Just minutes from major employment hubs including the Anschutz University Medical Campus (UCHealth, Children’s Hospital, VA Hospital), and close to Stanley Marketplace, Lowry, and Denver’s Central Park neighborhood. This is a rare chance to acquire a fully improved asset in a prime location with below-market 4% seller financing — a strong value-add for savvy investors looking to leverage favorable terms and maximize cash flow.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$215 USD /SF

# OF UNITS

12

PRICE/UNIT

$150,000

CAP RATE

7.33%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

17th Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1971

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R-2, Aurora

APN/PARCEL ID

1823-34-3-13-023

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.