For Sale
$1,595,000

1695 Clinton StAurora, CO 80010

12-Unit Apartment Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 12-unit apartment building, located at 1695 Clinton St, Aurora, CO 80010, presents a compelling investment opportunity. The 7,740 square foot building sits on a 9,525 square foot lot and boasts a desirable location near Stanley Marketplace and Anschutz Medical Center, offering convenient access to employment centers and amenities. Priced at $1,595,000 ($132,917 per unit and $206.07 per square foot), this property offers significant potential for growth. Nine of the twelve units have undergone recent renovations, including new flooring, tile tub surrounds, and cabinets, enhancing tenant appeal and maximizing rental income. The building features convenient onsite laundry facilities and eight covered off-street parking spaces with additional storage. Master metering for gas and electric, with RUBs (rent utility billback) in place for some tenants, provides further opportunities to optimize revenue. Built in 1960, the property is zoned for multifamily use within Aurora, Adams County, Colorado. This well-maintained property is an ideal investment for those seeking a high-yield return in a thriving area. The combination of recent updates, prime location, and strong rental demand makes this a truly attractive opportunity.

Highlights

  • 12-unit apartment building with recent renovations to nine units.
  • Prime location near Stanley Marketplace and Anschutz Medical Center.
  • Nine units feature updated flooring, tile surrounds, and cabinets.
  • Master-metered utilities with RUBs for some tenants.
  • Onsite laundry and eight covered parking spaces with storage.

Property Details for 1695 Clinton St

Property type
Apartment buildings
Square Feet
7,740 SF
Year Built
1960
Units
12

Location Insight

City
Aurora
County
Adams
State
Colorado
Latitude
39.743617
Longitude
-104.8778862
1695 Clinton St, Aurora, Colorado

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1695 Clinton St
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