1129 Akron ST, Aurora, CO 80010
1129 Akron ST, Aurora, CO 80010
1129 Akron ST, Aurora, CO 80010
1129 Akron ST, Aurora, CO 80010
1129 Akron ST, Aurora, CO 80010
1129 Akron ST, Aurora, CO 80010
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Mark & Shey Stitt

Mark & Shey Stitt

+1(303) 870-8826
$ 1,925,000
Est. payment | /mo

7,290 SqFt

Save
$ 1,925,000
Est. payment | /mo
Save

7,290 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 7,290 sqft

Price per Sqft $264

MLS Listing ID 4129731

Style LowRise

Year Built 1957

Annual Tax Amount $9,365

Tax Year 2021

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type MultiFamily

Property Description

1129 Akron Street is a 13-unit multifamily community located in Aurora, Colorado just to the north of the Lowry redevelopment and in close proximity to the Central Park neighborhood and Fitzsimons Medical Campus. The property consists of 11 one-bedroom units and two two-bedroom units, many with hard surface flooring and double-pane windows. Eight of the units have front and rear entrances with small backyards and are individually metered for gas and electricity while the other five units are master metered for gas and individually metered for electricity. Built in 1957, this U shaped building is primarily a brick and stucco exterior with a pitched asphalt shingle roof and a nice gated courtyard with in-ground sprinkler system. There are 12 off-street parking spaces to the rear of the building. An on-site coin operated laundry facility provides additional income. This property provides a potential buyer with a value-add opportunity by continued renovation and raising rents to market. The growth of the area with the redevelopment of Lowry Air Force Base directly south and the continued strength of the Central Park neighborhood to the north means that apartments in this area will continue to be in strong demand in the future. As the Fitzsimons Medical Campus to the east continues its growth, employment in the area will only increase, making employees there and in supporting businesses that much more likely to reach out into the surrounding area for rentals.

Location

State CO

County Arapahoe

Exterior

Exterior Feature SprinklerIrrigation

Utilities Available CableAvailable, ElectricityConnected, NaturalGasConnected, HighSpeedInternetAvailable, PhoneConnected, SewerConnected

Present Use MultiFamily

Street Surface Paved

Road Frontage PublicRoad

Attached Garage false

Total Parking Spaces 10

Garage false

Building

Lot Description SprinklersInFront, Landscaped

Story 2

Sewer PublicSewer

Water Public

Architectural Style LowRise

Level or Stories Two

New Construction No

Others

Tax ID 031103321

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

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Mark & Shey Stitt

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+1(303) 870-8826

mountainhomesincolorado@gmail.com

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1129 Akron ST