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1592 Lansing St 6 Unit Apartment Building $1,100,000 ($183,333/Unit) 7% Cap Rate Aurora, CO 80010
Investment Highlights
- Recent Renovations: Modern updates throughout ensure high tenant retention and premium rents.
- Dedicated Parking: Every residence includes its own parking space—a massive plus for the area.
- Brand New Roof: Enjoy peace of mind and lower long-term CapEx.
- Turn-Key Stability: Perfect for seasoned pros expanding a portfolio or first-time multifamily buyers looking for a solid start.
Executive Summary
Introducing your next investment opportunity at 1592 Lansing St. This almost fully occupied, six-plex offers strong and immediate cash flow, currently generating just under $7,000 per month in rental income, once that last unit is occupied, expect about over $8,000 in rental income a month. Nicely renovated, this is truly move-in ready for its next owner with no deferred maintenance or projects required. Key features include a brand new roof and dedicated parking spaces for each residence. Thoughtfully updated and well-maintained, this asset provides both stability and long-term upside for savvy investors. Whether you’re expanding your portfolio or stepping into your first multifamily investment, this property checks every box. Don’t miss this outstanding opportunity—schedule your private tour today.
Property Facts
| Price | $1,100,000 | Apartment Style | Low-Rise |
| Price Per Unit | $183,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 7% | Building Size | 3,830 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.57/1,000 SF |
| Zoning | R-4 | ||
| Price | $1,100,000 |
| Price Per Unit | $183,333 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,830 SF |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 1.57/1,000 SF |
| Zoning | R-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+2 | 5 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1823-35-3-28-001 | Improvements Assessment | $61,160 |
| Land Assessment | $7,770 | Total Assessment | $68,930 |
Property Taxes
Parcel Number
1823-35-3-28-001
Land Assessment
$7,770
Improvements Assessment
$61,160
Total Assessment
$68,930
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1592 Lansing St
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