CO
Adams
Aurora
80010
1995 Akron Street
1995 Akron Street, Aurora, CO 80010
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
32
$2,550,000
Home Details for 1995 Akron Street
Price
$2,550,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1971
Lot size acres
0.27
County
Adams
Garage
Days on site
258
MLS Listing#
5428901
Property Description
1995 & 1997 Akron Street is a 20-unit apartment community located on the Denver/Aurora border next to Denver’s popular Central Park neighborhood. The property is walking distance to schools, employment, public transportation, and the Stanley Marketplace. Built in 1971, both buildings are all-brick with pitched roofs. They have secured entry to an interior hallway. 1995 Akron Street is a two-story building with eight units - one studio and seven one-bedroom units. 1997 Akron Street is a three-story building with 12 units - one studio and 11 one-bedroom units. The units in each building share a floor plan. All units are individually metered for electricity, which is paid by the tenants. There is a central boiler in each building that provides heat and hot water. Each building is master metered for gas and water/sewer, which is paid by the owner and currently included in the rent. Future owners may decide to bill these utilities back to the residents. Some of the units have been updated with vinyl plank flooring, while many still have carpet. There are on-site seller-owned laundry machines that provide additional income for the owner. There are 20 off-street parking spaces and 10 of these spaces have room for a tandem space, for a total of 30 spaces. These properties have been well maintained by the same family for almost 30 years. There is rarely any vacancy and many long-term residents. A new owner has the opportunity to take over a turnkey asset with immediate upside in rental income. CONTACT AGENTS FOR MARKETING PACKAGE & FINANCIAL INFO.
Property Features
Water Features
- Public
Listing Courtesy: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. - 303-328-2050
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).
EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
383 Inverness Parkway Suite 140, Englewood, CO 80112Sheryll White Broker. 303 790 7200
Dawn Campbell
Associate Broker
Office
303 790 7200
Agent
303 408 3229
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