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11600 E 16th Ave
Aurora, CO 80010
The Newark Apartments · Multifamily Property For Sale
·
40 Units
Investment Highlights
- No major capital improvements needed therefore capital spent on the property directly increases NOI.
- Excellent unit mix with approximately half one beds and half two beds and an average unit size over 925 SF.
- Located in the path of growth less than one mile from Fitzsimons Medical district with over 35,000 employees and growing.
Property Facts
| No. Units | 40 | Building Size | 34,965 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1962/2011 |
| Building Class | B | Parking Ratio | 1.23/1,000 SF |
| Lot Size | 0.80 AC | ||
| Zoning | R-4 | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.80 AC |
| Building Size | 34,965 SF |
| Average Occupancy | 97% |
| No. Stories | 4 |
| Year Built/Renovated | 1962/2011 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | R-4 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Hardwood Floors
- Wheelchair Accessible (Rooms)
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,000 | 400 |
| 1+1 | 19 | $1,110 | 768 |
| 2+1 | 20 | $1,423 | 1,080 - 1,200 |
Property Taxes
| Parcel Number | 1823-35-4-27-008 | Improvements Assessment | $349,180 |
| Land Assessment | $42,910 | Total Assessment | $392,090 |
Property Taxes
Parcel Number
1823-35-4-27-008
Land Assessment
$42,910
Improvements Assessment
$349,180
Total Assessment
$392,090
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