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12000 E 16th Ave
Aurora, CO 80010
Tiara Apartments · Multifamily Property For Sale
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51 Units
Investment Highlights
- Value-Add Multifamily Opportunity with Strong Upside
- Option to Convert to Market Rate or Recast Affordability
- Construction; New Roof Overlay; Double Pane Windows; Secured Entry, Elevator, and Interior Hallways; Multiple Laundry Rooms
- Section 8 Senior Housing Community; Annual HAP Renewal
- Great Unit Mix of Studios, One-Bedroom, and Two-Bedroom Units Masonry
- Great Location Across from Fitzsimons Medical Campus
Property Facts
| No. Units | 51 | Lot Size | 0.91 AC |
| Property Type | Multifamily | Construction Status | Under Renovation |
| Property Subtype | Apartment | Building Size | 48,450 SF |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built/Renovated | 1962/1983 |
| No. Units | 51 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.91 AC |
| Construction Status | Under Renovation |
| Building Size | 48,450 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1962/1983 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | $1,000 | 390 |
| 1+1 | 23 | $1,300 | 734 |
| 2+1 | 18 | $1,600 | 950 - 963 |
| 2+2 | 2 | $1,700 | 1,065 |
Property Taxes
| Parcel Number | 1823-35-4-29-008 | Improvements Assessment | $443,320 |
| Land Assessment | $48,250 | Total Assessment | $491,570 |
Property Taxes
Parcel Number
1823-35-4-29-008
Land Assessment
$48,250
Improvements Assessment
$443,320
Total Assessment
$491,570
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