Portfolio of Tailwinds I & II Multi-Family FOR SALE


$5,700,000 USD
720-939-2943
, Aurora, CO for Sale
$5,700,000 USD
Multi-Family - FOR SALE
1/35
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Portfolio of Tailwinds I & II
Aurora, CO
New England Hts/Gifford Gardens


HIGHLIGHTS

  • Opportunity to purchase property well below replacement cost, with incredible future upside potential when the local economy stabilizes
  • Short walk to Stanley Marketplace with abundant dining & shopping
  • Close proximity to the Central Park neighborhood with an average home value of $635K
  • Dishwashers in some units
  • Good walkability scores
  • Updated units show well and many offer west facing views

OVERVIEW

Tailwinds I is a 32-unit apartment building and Tailwinds II is a 12-unit apartment building next door. Combined, the buildings comprise 44 units across three buildings which include a mix of 38 one bed units and six studio units. The buildings are 1962 and 1971 vintages with a mix of flat roofs (Tailwinds I) and pitched roofs (Tailwinds II). Tailwinds I and II lie at the north end of the Stanley Marketplace submarket. Within eyeshot of the property are Stanley Marketplace, baseball fields, new building construction, and the homes that are Denver’s popular Central Park Neighborhood. The properties claim a strong location in an otherwise challenging submarket. These properties offer a prime location near the vibrant Stanley Marketplace, providing residents with a dynamic urban lifestyle. Situated approximately 1.5 miles from Stanley Marketplace, this property places residents within walking distance of over 50 locally owned businesses, including boutiques, restaurants, and wellness centers. The marketing features a diverse array of dining options such as the Denver Biscuit Company, Sweet Cow Ice Cream, and Cheluna Brewing Company. Additionally, it hosts family-friendly events and activities, making it a central hub for community engagement.

ASK ABOUT THIS PROPERTY

Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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