Zoocasa Realty Inc., Brokerage

1530 Beeler St, Aurora, CO

Name: 1530 Beeler St, For Sale in Aurora - Zoocasa
Brand: Keller Williams Real Estate LLC
SKU: 4753469
Price: 900000 USD

House

For Sale

Listed price in listed location currency (USD).

$900,000

000

MLS® 4753469

Overview

Key Facts

Type Multi Family

Levels Commercial Sale

Size 4483 sqft

Garage

Taxes $7,663

Days Active 16

Lot Size 0.29 Acres

Approx. Age 1951

Avg. Price Per Sqft $200

MLS® Number 4753469

Property Address: 1530 Beeler St, Aurora, CO, 80010-1815

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

Description

Nine-unit, single-story apartment building on a 0.29-acre lot in Original Aurora, just north of East Colfax. Built in 1951, the building offers three studios and six 1-bedroom units with an open parking lot, and a garden layout with no interior stairs, elevators or common corridors. The current rent roll totals $106, 500 per year ($986 average, $875-$1, 100 per unit, 100% occupied as provided by owner). Net operating income is estimated at $50, 774, a 5.64% cap rate at list price, with professional management underwritten at 6%; a 5% rent increase supports a pro forma NOI of about $55, 429 (6.16% cap). In-place rents run below recent 5+ unit sales in 80010, leaving upside for a value-add buyer. Bus service on East Colfax, with quick access to the Anschutz Medical Campus and Fitzsimons, Stanley Marketplace, I-225 and downtown Denver. Offering memorandum and rent roll available to qualified buyers. Tours by appointment only; please do not disturb tenants. Buyer to verify all information, including unit mix, square footage, zoning, income and expenses.

MLS® Number4753469

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1951

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

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eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
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