North Aurora Portfolio Sale FOR SALE


Aurora, CO - North Aurora
$19,943,000 USD
303-868-0011
, Aurora, CO for Sale
$19,943,000 USD
FOR SALE
1/11
null | 8.26% Cap Rate

North Aurora Portfolio Sale
Aurora, CO
North Aurora


HIGHLIGHTS

  • 154 Total Units Across 10 Separate Properties – All located within a compact 0.25-mile radius in North Aurora, CO.
  • Significant Capital Improvements Completed – Seller has invested in extensive CapEx across the entire portfolio, with all units remodeled to C-class
  • Strong Value-Add Opportunity – Current 13% vacancy presents immediate upside due to prior tenant vetting issues; leasing velocity is improving rapidly
  • Efficient Operational Scale – Dense cluster allows for economies of scale in management, maintenance, and leasing operations.
  • In-House Management Team Available – Seller will convey the existing team: 2 leasing agents/property managers, 1 bookkeeper, 2 maintenance staff
  • Affordable Housing in High-Demand Location – Strategically positioned near University of Colorado Anschutz Medical Campus

OVERVIEW

Introducing a rare opportunity to acquire a 154-unit multifamily portfolio made up of 10 separate buildings at an 8.3% cap, all situated within a quarter-mile radius in the rapidly transforming North Aurora submarket. This portfolio has undergone extensive renovations, with every unit upgraded to C-class standards, and benefits from affordable rental rates in a high-demand corridor adjacent to the University of Colorado Anschutz Medical Campus. The area’s workforce housing demand remains robust, supported by nearby major hospitals, retail, and public transit. A new operator can capitalize on: -Immediate upside through lease-up of current vacancies caused by previous management issues, now being stabilized. -Operational efficiency via consolidated geographic footprint. -Optional in-house property management team, allowing for hands-on control or seamless transition to third-party management. This portfolio is ideally positioned to deliver both steady cash flow and long-term appreciation with the opportunity to push rents, reduce vacancy, and implement a RUBS utility reimbursement program if desired.

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.