Aurora CO Commercial for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 7,360
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1973
- Baths:
- MLS#:
- 2019030
View additional info
Courtesy: Keller Williams Realty Downtown Llc
303-539-5700
ADDITIONAL INFORMATION
7.8% real current cap rate!! 9% pro forma cap rate!!! 9 out of 10 units have tenants in place, making this cash flow on day one. This is a package of individual units in the same complex, not a purchase of the entire building - making upkeep a breeze. Scattered property loan available, which will not count against your conventional mortgage limit... I challenge you to find better cap rates anywhere in the Denver Metro Area! This is one of the most aggressive portfolios to hit the market in a long time. Cap rate includes ALL expenses - vacancy, maintenance, management fees, HOA fees, insurance, and taxes. The cap rate at current rents goes up to 8.7% if you self manage! A crazy 10% pro forma cap rate if you self manage!
$3,995,000
13731 E Mississippi Avenue Aurora, CO 80012
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.2 Acres
- Year built:
- 1984
- Baths:
- MLS#:
- 5313753
View additional info
Courtesy: Cbre, Inc.
303-628-1700
ADDITIONAL INFORMATION
Pleased to offer for sale 13731 E Mississippi Ave. (“The Property”), which consists of ±2.20 acres located at the major intersection of E Mississippi Avenue and I-225 in Aurora, Colorado. The Property is a wonderful infill redevelopment site because of its frontage on E Mississippi Ave., which sees over 57,000 vehicles per day. The current improvements include 23,618 SF of class B/C office spread across four separate buildings plus a drive-thru. The Current Owner/User (Citywide Banks, a division of HTLF Bank) is willing to lease back a portion of space in a future development. Property Highlights: Northwest corner of E Mississippi Ave. and I-225 Drive-Thru Opportunity Potential Seller Lease Back for Bank Use/Pad Site Permitted Uses: Retail Multifamily Hotel Office
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Aurora Real Estate
The median home value in Aurora, CO is $458,600. This is lower than the county median home value of $500,800. The national median home value is $338,100. The average price of homes sold in Aurora, CO is $458,600. Approximately 59.37% of Aurora homes are owned, compared to 35.97% rented, while 4.66% are vacant. Aurora real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Aurora real estate agent to arrange a tour today!
Aurora, Colorado 80012 has a population of 383,496. Aurora 80012 is less family-centric than the surrounding county with 32.34% of the households containing married families with children. The county average for households married with children is 34.29%.
The median household income in Aurora, Colorado 80012 is $72,052. The median household income for the surrounding county is $84,947 compared to the national median of $69,021. The median age of people living in Aurora 80012 is 35 years.
Aurora Weather
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 16.8 inches per year, with 61.7 inches of snow per year.