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152 Del Mar Cir Aurora, CO 80011

Sponsored
For Sale
$5,900,000

37-unit apartment building, high rental upside

Property size:
28,048 SF

Description

Added:
Feb 3, 2025
Days on Market:
337
This exceptional 37-unit multifamily property, located at 152 Del Mar Circle in Aurora, Colorado, presents a compelling investment opportunity. The building encompasses 28,048 square feet on a 0.62-acre lot and features a diverse unit mix: one studio, thirty-four one-bedroom/one-bathroom units, and two two-bedroom units. A significant portion of the units (over 80%) have undergone extensive renovations since 2020, boasting updated cabinets, flooring, and energy-efficient double-paned windows. Convenience is paramount with a newly installed elevator (2017) servicing the four-story building. Residents enjoy a covered pool, ample parking (35 off-street spaces plus on-street options), and enhanced security with a 16-camera system. An on-site office and two storage sheds add to the property's functionality. The property benefits from a prime location, adjacent to a King Soopers grocery store and convenient bus routes. Across the street, residents have easy access to the Aurora senior center, recreation center, and a large park. Furthermore, the property is within two miles of the Aurora medical complex and I-225 via Alameda Avenue. Significant rental upside potential exists, coupled with the added benefit of utility bill back for gas, water, and trash, enhancing the overall return on investment. This property offers a blend of modern amenities, desirable location, and strong potential for future growth.

Property Features for 152 Del Mar Cir

General Information

Property type
Residential income properties
Square Feet
28,048 SF
Lot Size
27,007 SF

Building Details

Year Built
1967

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Aurora
County
Arapahoe
State
Colorado
Longitude
-104.8435
Latitude
39.7261

FAQs

What type of property is this?
Residential income property - 37-unit apartment building, high rental upside
Where is this residential income property located?
The property is located at 152 Del Mar Cir Aurora, CO.
What is the asking price?
The asking price for this property is $5,900,000.
More about this property
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