500 Dayton St
Aurora, CO 80010
Chateau Elan · Multifamily Property For Sale · 17 Units

500 Dayton St. is 17-unit multifamily building in North Aurora with significant upside - Part of a large 9 property, 145 unit portfolio sale. Must call for details on the full portfolio sale. Motivated Seller! Introducing a rare opportunity to acquire a 145-unit multifamily portfolio made up of 9 separate buildings at a 6.34% cap, all situated within a quarter-mile radius in the rapidly transforming North Aurora submarket. This portfolio has undergone extensive renovations, with every unit upgraded to C-class standards, and benefits from affordable rental rates in a high-demand corridor adjacent to the University of Colorado Anschutz Medical Campus. The area’s workforce housing demand remains robust, supported by nearby major hospitals, retail, and public transit. A new operator can capitalize on: Immediate upside through lease-up of current vacancies caused by previous management issues, now being stabilized. Operational efficiency via consolidated geographic footprint. Optional in-house property management team, allowing for hands-on control or seamless transition to thirdparty management. This portfolio is ideally positioned to deliver both steady cash flow and long-term appreciation with the opportunity to push rents, reduce vacancy, and implement a RUBS utility reimbursement program if desired.