$1,150,000
For Sale

1923 Dallas Street

Aurora, CO 80010
3978 sqft | 0.15 acres | #5099331
Listing OfficeRE/MAX Alliance
Browse 31 photos
Type:Purchase
Zone:Commercial

Description

Sally Ann Warren, Kelley Schneider and the Schneider Group are proud to present 1923 Dallas St Apartments.This is an incredible investment opportunity. Own your own 8 unit apartment building in the bustling booming redevelopment area of Aurora. Just 2.8 miles from the Anschutz Medical Campus where money is being invested to revamp this North Aurora locale! The current owners have spent the last couple of years updating several units increasing the rental revenues for these units. Finish the remodel on the remaining units to maximize your revenues. Our pro-forma analyses put this at a potential 7% or more cap rate. Since you are in the MLS don't forget to see our sister listing at 1933 Dallas Street. Both properties are present in the Aerials and Photos attached to this listing. These properties can be sold together or separately at $1,250,000 each as they have separate legal descriptions. The site sits adjacent to the Montview Redevelopment District and the proposed Dayton Street concept. Dallas St is ideally located for workforce housing and residents looking to live an affordable lifestyle and still be close to Central Denver.

  • Property Details
      • Lot DescriptionNear Public Transit
      • Structure TypeFree Standing
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti Family
      • Original List Price$1,250,000
      • Property TypePurchase
      • MLS #5099331
      • Cost1150000
      • MLS #5099331
      • Utility SourcePublic
      • Taxes Annual$8,975
      • CountyAdams
      • Acres0.15
      • Square Feet3978
      • Year Built1957

Location

Hanover CommercialReal Estate Group
OR

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