15800-15830 E 13th Ave | Aurora, CO 80011
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15800-15830 E 13th Ave
Aurora, CO 80011
Pinon Place Apartments · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- All 24 units are separately deeded, offering the flexibility to sell individual units or pursue a condo conversion strategy.
- Situated just two blocks from the High Line Canal trail, offering residents access to outdoor recreation and enhancing the property's appeal.
- Invest $7,500 per unit to modernize interiors and significantly increase rental income. Proven strategy with immediate ROI through rent escalations.
- All units are large two-bedroom layouts with in-unit laundry and fireplaces, features highly desirable to renters in the Aurora market.
- Implement a utility reimbursement program to increase revenue and improve the property's overall financial performance.
PROPERTY FACTS
| No. Units | 24 | Building Size | 25,056 SF |
| Property Type | Multifamily | Average Occupancy | 4% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1979/2016 |
| Building Class | C | Parking Ratio | 2.39/1,000 SF |
| Lot Size | 1.03 AC | ||
| Zoning | R-3 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 25,056 SF |
| Average Occupancy | 4% |
| No. Stories | 3 |
| Year Built/Renovated | 1979/2016 |
| Parking Ratio | 2.39/1,000 SF |
| Zoning | R-3 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 24 | $1,550 | 920 |
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