Description
Pinon Place Apartments offers investors a compelling opportunity to acquire a well-maintained asset with significant upside potential in Aurora, Colorado. The property consists of 24 large two-bedroom units, each with in-unit laundry and a fireplace. A strategic investment of $7,500 per unit will allow for immediate rent increases and strong cash flow. The property's proximity to the Anschutz
Medical Campus, a major employer in the area, further enhances its appeal. With individual unit ownership and the potential for condo conversion, Pinon Place provides investors with flexible exit strategies. Don't miss this chance to acquire a prime asset in a dynamic submarket with a clear path to maximizing returns.
Property Details
- Sewer InformationPublic Sewer
- Property SubtypeMulti-Family
- Original List Price$4,650,000
- Property TypePurchase
- CountyArapahoe
- Taxes Annual$21,155
- MLS #7979513
- Cost4650000
- MLS #7979513
- Square Feet22080
- Year Built1979
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Jason Koch (#REC17489N)
Listing Office: MMGREA LLC (#RECM3808)
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