Log In/Sign Up
Your email has been sent.
1568 Nome St
Aurora, CO 80010
Fitzsimons Place · Multifamily Property For Sale
·
99 Units
Investment Highlights
- Aspen Grove is ideally located one block off Colfax Avenue and represents a unique opportunity to acquire 99 units that are only six minutes (0.3 mile
- Aspen Grove offers residents proximity to public transportation, with the Colfax Station only being 1.4 miles away. Colfax Station offers connectivity
- Aspen Grove is located in the rapidly growing area around Stanley Marketplace – a collective that is home to 50+ independently owned Colorado Business
Executive Summary
The Aspen Grove Apartments is being offered 100% vacant, offering a new investor the opportunity to execute a business plan and value-add strategy unencumbered by existing tenants that would traditionally need to be vacated from the property. This unique opportunity to make an acquisition of such significant scale is relatively unheard of as Colorado and its local municipalities trend toward more and more tenant-friendly legislation. Aspen Grove Apartments being delivered fully-vacant allows a new investor a clean-slate and blank-canvas to renovate and transform this iconic property located only blocks from the Fitzsimons Life Science District/University of Colorado Anschutz Medical Campus. With 3,135 Class A apartment units within one-mile of the property, Aspen Grove Apartments offers a new investor the opportunity to fill a void in the market of quality, attainable housing that is offered at a discount to new construction in the area.
Property Facts
| Sale Type | Investment | Lot Size | 1.80 AC |
| No. Units | 99 | Building Size | 73,100 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1970/2014 |
| Building Class | B | Parking Ratio | 1.56/1,000 SF |
| Zoning | R-2, Aurora | ||
| Sale Type | Investment |
| No. Units | 99 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.80 AC |
| Building Size | 73,100 SF |
| Average Occupancy | 98% |
| No. Stories | 4 |
| Year Built/Renovated | 1970/2014 |
| Parking Ratio | 1.56/1,000 SF |
| Zoning | R-2, Aurora |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Kitchen
- Granite Countertops
- Hardwood Floors
- Tub/Shower
- Carpet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 583 |
| 1+1 | 76 | - | 702 |
| 2+1 | 20 | - | 900 |
Property Taxes
| Parcel Number | 1823-35-4-28-003 | Improvements Assessment | $720,020 |
| Land Assessment | $95,980 | Total Assessment | $816,000 |
Property Taxes
Parcel Number
1823-35-4-28-003
Land Assessment
$95,980
Improvements Assessment
$720,020
Total Assessment
$816,000
1 of 97
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
