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97 Unit North Aurora Portfolio Sale 5 Multifamily Properties Offered at $11,155,000 in Aurora, CO
INVESTMENT HIGHLIGHTS
- 97 Total Units Across 5 Separate Properties – All located within a compact 0.25-mile radius in North Aurora, CO.
- Cash or Bridge Financing Preferred.Cash or Bridge Financing Preferred.
- Efficient Operational Scale – Dense cluster allows for economies of scale in management, maintenance, and leasing operations.
- Short Sale / Pre-Foreclosure Status.
- Year-End Acquisition Opportunity: Unlock substantial first-year tax deductions through cost segregation and accelerated depreciation
- Strong Section 8 Demand – Area supports stable income with Section 8 rent levels, ideal for workforce housing strategies.
EXECUTIVE SUMMARY
Introducing a rare opportunity to acquire a 97-unit multifamily portfolio made up of 5 separate buildings at a 6.44% 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 third-party 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.
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 third-party 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.
PROPERTY FACTS
| Price | $11,155,000 | Number of Properties | 5 |
| Price / SF | $167.10 / SF | Individually For Sale | 5 |
| Cap Rate | 6.44% | Total Building Size | 66,757 SF |
| Sale Type | Investment | Total Land Area | 1.55 AC |
| Status | Active |
| Price | $11,155,000 |
| Price / SF | $167.10 / SF |
| Cap Rate | 6.44% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 5 |
| Total Building Size | 66,757 SF |
| Total Land Area | 1.55 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The Bostonian Apartments
1592 Boston St, Aurora, CO 80010 |
Multifamily | 24,432 SF | 1962 | $3,680,000 |
|
Dallas Landing Apartments
1960 Dallas St, Aurora, CO 80010 |
Multifamily | 22,000 SF | 1967 | $3,680,000 |
| 1463 Macon St, Aurora, CO 80010 | Multifamily | 8,516 SF | 1971 | $1,495,000 |
| 1451 Macon St, Aurora, CO 80010 | Multifamily | 7,371 SF | 1963 | $1,380,000 |
|
Macon Flats
1433 Macon St, Aurora, CO 80010 |
Multifamily | 4,438 SF | 1962 | $920,000 |
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97 Unit North Aurora Portfolio Sale
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