Colony House 152 Del Mar Cir 37 Unit Apartment Building $5,700,000 ($154,054/Unit) 6% Cap Rate Aurora, CO 80011
EXECUTIVE SUMMARY
Unit Type: 1 bedroom 1 bath Number of Units: 33 Approx. SF: 640
Unit Type: 2 bedroom 1 bath Number of Units: 3 Approx. SF: 800
Unit Type: Studio w/fireplace Number of Units: 1 Approx. SF: 450
All 37 units have been upgraded including including new flooring, new paint and some new cabinets, new electrical boxes
On-site office and maintenance room; 2 sheds
Unit Type: 2 bedroom 1 bath Number of Units: 3 Approx. SF: 800
Unit Type: Studio w/fireplace Number of Units: 1 Approx. SF: 450
All 37 units have been upgraded including including new flooring, new paint and some new cabinets, new electrical boxes
On-site office and maintenance room; 2 sheds
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | $5,700,000 |
| Price Per Unit | $154,054 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 28,048 SF |
| Average Occupancy | 96% |
| No. Stories | 4 |
| Year Built | 1967 |
| Parking Ratio | 0.86/1,000 SF |
| Zoning | R-4, Aurora - High Density Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Bay Window
SITE AMENITIES
- Laundry Facilities
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 33 | - | 640 |
| 2+1 | 3 | - | 800 |
| Studios | 1 | - | 450 |
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 1973-01-3-12-004 | Total Assessment | $244,215 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2023 |
