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Listing Source
With courtesy of RE/MAX Alliance Posted by REcolorado (Denver)
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of RECOLORADO®, Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
1933 Dallas Street
Aurora, CO 80010
— Adams
County
Commercial Sale$1,025,000Active Listing# 2704706
3978.00 sqft
Lot size: 6350.00 sqft
0.15 acres
1957 build
Sally Ann Warren, Kelley Schneider and the Schneider Group are proud to present 1923 Dallas St Apartments. WOW! SELLER CARRY FINANCING AVAILABLE AND 3.8% 30-YEAR AMORTIZED ASSUMABLE LOAN. Seller is willing to so seller carry with 10-20% down payment and 5% interest over 30-years with a 5-year balloon. 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 $1,150,000 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.