11300 E 16th Ave | Aurora, CO 80010
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- LoopNet Team
11300 E 16th Ave
Aurora, CO 80010
Park 16 · Multifamily Property For Sale
·
60 Units
INVESTMENT HIGHLIGHTS
- 60-Unit Community; Excellent Unit Mix of Large One and Two-Bedroom Units
- Two Well-Constructed All-Brick Buildings with Pitched Roofs; Interior Walk-Ups with Secured Entries
- Three Income-Producing On-Site Laundry Facilities
- Seven Blocks from the Fitzsimons Life Science District
- Individually Metered for Electricity
- Strong Upside by Raising Rents to Market; Additional Upside Through Completion of Renovation
PROPERTY FACTS
| No. Units | 60 | Building Size | 43,250 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.2/1,000 SF |
| Lot Size | 1.05 AC | ||
| Zoning | R-4 | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.05 AC |
| Building Size | 43,250 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1959 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | R-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Courtyard
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 42 | $924.00 | 500 - 750 |
| 2+1 | 17 | $1,162 | 900 |
| 3+1 | 1 | $1,245 | 950 |
PROPERTY TAXES
| Parcel Number | 1823-35-4-25-011 | Improvements Assessment | $500,150 |
| Land Assessment | $51,230 | Total Assessment | $551,380 |
PROPERTY TAXES
Parcel Number
1823-35-4-25-011
Land Assessment
$51,230
Improvements Assessment
$500,150
Total Assessment
$551,380
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