1467 Joliet St, Aurora, CO

Name: 1467 Joliet St, For Sale in Aurora - Zoocasa
Brand: Kaufman Hagan
SKU: 4615740
Price: 900000 USD

House

For Sale

Listed price in listed location currency (USD).

$900,000

009

MLS® 4615740

Overview

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage

Taxes $8,474

Days Active 1

Lot Size 0.19 Acres

Approx. Age 1952

MLS® Number 4615740

Property Address: 1467 Joliet St, Aurora, CO, 80010-3468

Average square foot calculated using Size range provided by listing agent.

Description

1467 Joliet Street is a 9-unit multifamily property in Aurora offering a diverse unit mix of 1 studio, 4 one-bedrooms, 3 two-bedrooms, and 1 three-bedroom unit. The ranch style building also features 9 off street parking spaces and private entrances for each unit. Located in North Aurora, the property is just minutes from Stanley Marketplace and the UC Anschutz Medical Campus. The location also stands to benefit from the East Colfax BRT project, which is bringing new stations, corridor amenities, and pedestrian improvements to the area. Offered at $900, 000, the property presents an accessible basis with clear operational upside and the potential to achieve an 8%+ cap rate. New ownership will have the opportunity to implement additional improvements, enhance interiors, tighten operations, and continue driving revenue over time. HIGHLIGHTS - Priced below nearby sales comparables and active listings - Diverse unit mix from studio to three-bedroom units, appealing to a broad tenant base - Side-by-side ranch-style apartment building with private entrances and a functional layout - Located in North Aurora, just minutes from the Anschutz Medical Campus, Stanley Marketplace, and Lowry - Value-add opportunity positioned to benefit from continued investment along the East Colfax corridor, including the East Colfax BRT project and related pedestrian and amenity improvements AMENITIES - Private entrances per unit - Individually metered for electric - tenants pay directly (GE panels) - 1:1 parking ratio - LVP flooring in most units - Functional, open floor plans

MLS® Number4615740

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1952

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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