152 Del Mar CirAurora, CO 80011

This exceptional 37-unit multifamily property, located at 152 Del Mar Circle in Aurora, Colorado, presents a compelling investment opportunity. The building encompasses 28,048 square feet on a 0.62-acre lot and features a diverse unit mix: one studio, thirty-four one-bedroom/one-bathroom units, and two two-bedroom units. A significant portion of the units (over 80%) have undergone extensive renovations since 2020, boasting updated cabinets, flooring, and energy-efficient double-paned windows. Convenience is paramount with a newly installed elevator (2017) servicing the four-story building. Residents enjoy a covered pool, ample parking (35 off-street spaces plus on-street options), and enhanced security with a 16-camera system. An on-site office and two storage sheds add to the property's functionality. The property benefits from a prime location, adjacent to a King Soopers grocery store and convenient bus routes. Across the street, residents have easy access to the Aurora senior center, recreation center, and a large park. Furthermore, the property is within two miles of the Aurora medical complex and I-225 via Alameda Avenue. Significant rental upside potential exists, coupled with the added benefit of utility bill back for gas, water, and trash, enhancing the overall return on investment. This property offers a blend of modern amenities, desirable location, and strong potential for future growth.