Listing photo for 1680 Akron Street, Aurora, CO
Listing photo for 1680 Akron Street, Aurora, CO
Listing photo for 1680 Akron Street, Aurora, CO
Listing photo for 1680 Akron Street, Aurora, CO
Listing photo for 1680 Akron Street, Aurora, CO
Listing photo for 1680 Akron Street, Aurora, CO
Listing photo for 1680 Akron Street, Aurora, CO
Listing photo for 1680 Akron Street, Aurora, CO
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1680 Akron Street,

Aurora, CO $1,440,000

$1,440,000

12 Beds
12 Baths
7,780 Sqft
0.22 Acre

"The Kelly" is a 12 unit apartment building located in one of the most profitable sub-markets in metro Denver. The neighborhood continues to grow immensely and has enjoyed an average annual growth rate of 18% since 2012. The area is surrounded by new development with Stapleton & Stanley Marketplace to the north, Anschutz Medical Campus to the east, and Lowry to the south. The building sits on a peaceful, quiet block surrounded by single family homes. $10,000 in new, low maintenance landscaping provides great curb appeal for current and prospective tenants. The common areas and many of the apartment interiors have new hard surface flooring to give the building a modern feel while helping keep unit turnover costs low. Listed at just $1,440,000, The Kelly is being sold at the lowest price per door in metro Denver at $120,000 per unit. This price provides an unbeatable 7% cap rate on pro forma financials. A hidden gem just across the boarder from Denver, the building could be a great fit for any investor looking to outpace broader market returns in the coming years. Kellen Reilly 3 0 3 9 1 0 4 7 3 2

Facts & Features
MLS® # 3625346
Price $1,440,000
Bedrooms 12
Bathrooms 12.00
Full Baths 12
Square Footage 7,780
Acres 0.22
Year Built 1961
Type Residential
Sub-Type Multi Family
Style High Rise
Status Active
Community Information
Address 1680 Akron Street
Subdivision North Aurora
City Aurora
County Adams
State CO
Zip Code 80010
Amenities
Parking Spaces 11
Is Waterfront No
Has Pool No
Interior
Heating Baseboard
Fireplace No
Stories Three Or More
Exterior
Roof Other
Construction Frame
School Information
District Adams 14
Elementary Alsup
Middle Community Leadership Academy
High Adams City
Additional Information
Date Listed September 14th, 2020
Days on Market 45
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office City Beautiful Real Estate
Photo of Justen R Martin

Justen R Martin

Office: 7205988600
Cell: 3038593981

Metrolist Services Inc (Colorado) Logo Terms and Conditions: The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than IHOMES COLORADO are marked with the IDX Logo. This information is being provided for the consumers personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Copyright 2020 METROLIST, INC., DBA RECOLORADO® -- All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

Listing information last updated on October 30th, 2020 at 2:04pm MDT.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES.

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

Metrolist Services Inc (Colorado) Logo Terms and Conditions: The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than IHOMES COLORADO are marked with the IDX Logo. This information is being provided for the consumers personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Copyright 2019 METROLIST, INC., DBA RECOLORADO® -- All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA