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For Sale59 Days
$1,398,000

1391 Lima Street
Aurora, CO 80010

Commercial For Sale
5,320 Sq. Ft.
0.14 Acre Lot
RE/MAX ALLIANCE

Description for 1391 Lima Street, Aurora, CO 80010

Your opportunity for passive wealth building – the Vermont Apartments has been meticulously maintained by private owner. It is an 8-unit property offering significant upside potential for investors due to under market rents. The building features a Class 4 Shingle 25-year roof and professional radon mitigation system both installed in 2021. Each unit has undergone interior renovations with updated appliances as needed. Each unit includes a personal storage closet, and the building offers secure and private entry. On-site laundry facilities are located on the lower level. 6.2% cap rate includes management fee in expenses. It is located just minutes from the Anschutz Medical Facility as well as the City of Aurora’s master plan for the Fitzsimons Village redevelopment project. Tenants enjoy a prime location with a Walk Score of 83, providing easy access to local amenities such as restaurants, coffee shops, and grocery stores. Call to schedule a showing.

Property Details

Listing Details
For Sale
Commercial
Multi-Family
For Sale
REC3317736
$1,398,000
10/03/2024
5,320 Sqft
1965
$1,398,000
$1,398,000
REC12468T
Single Family
Location Information
US
CO
Arapahoe
Aurora
80010
Lima
1391
Street
W105° 8' 35.8''
N39° 44' 17.4''
Interior Features
Smoke Detector(s),Security System
Exterior Features
No
No
Wood
Brick
Land Info
0.14 Acre
Corner Lot
Nw
1973-02-2-16-024
Monthly
Residential
Paved
Utilities
Public Sewer
HOA Info
Monthly
8
No
Rental Info
Monthly
Tax Info
LOTS 1-2 BLK 5 AURORA HEIGHT S
$7,130
2023
Listing Information
RE/MAX ALLIANCE
Boulder Home Source
REC0109B
Recolorado
$1,398,000
10/04/2024 15:50:17
Public

Price History

Source: MLS
DateEventPriceSource
2024-10-03 18:51:55For Sale$1,398,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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