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Boston Apartments 1634 Boston St 6 Unit Apartment Building $799,000 ($133,167/Unit) 9.19% Cap Rate Aurora, CO 80010
Executive Summary
Exceptional opportunity to acquire a well-performing 6-unit apartment building in a prime Aurora location. The property features six 2-bedroom, 1-bath units—an attractive and highly rentable configuration in today’s market. Located just two blocks from Colfax Avenue and within close proximity to the Aurora Cultural Arts District, the property benefits from strong walkability and ongoing neighborhood revitalization. Stanley Marketplace and the Anschutz Medical Campus are just minutes away, supporting sustained rental demand from medical, professional, and service-sector tenants. The building produces solid in-place income with a rate of return exceeding 9%, delivering immediate cash flow. Off-street parking in the rear of the property provides added tenant convenience and operational value—an important amenity in this high-demand corridor. An excellent opportunity for investors seeking stable income, strong location fundamentals, and long-term upside.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,125 | 858 |
1 1
Property Taxes
| Parcel Number | 1823-34-3-19-007 | Total Assessment | $52,360 |
| Land Assessment | $7,650 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $44,710 | Tax Year | 2025 |
Property Taxes
Parcel Number
1823-34-3-19-007
Land Assessment
$7,650
Improvements Assessment
$44,710
Total Assessment
$52,360
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Boston Apartments | 1634 Boston St
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