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    Denver Multifamily Investment Opportunity Title is generated by Realmo AI

    1129 Akron Street, Aurora, CO 80010

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    Claim this Listing
    For Sale
    $1,625,000

    13-unit multifamily community in Denver, near Lowry Park.

    Type:Commercial
    Property size:
    7,290 SF
    Price / SF:
    $222/SF
    Added:
    Dec 2, 2025
    Days on Market:
    211
    Last Refresh:
    Apr 5 at 8:29 pm

    Property Features for 1129 Akron Street

    General Information

    Standard status
    Active
    Size
    7,290 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1957

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    KEVIN WOOLSEY

    Listing office MMGREA LLC

    Listing date Dec 2, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of MMGREA LLC

    HighLights

    • 13‑unit multifamily community
    • Located in Denver, CO
    • Proximity to Lowry Park and Lowry Family Health Center
    • Short walk from Wings Over the Rockies Air & Space Museum
    • Close proximity to E 11th Ave and Boston Bus Stop
    • Built in 1957

    Overview

    This 13-unit multifamily community is located in Denver, Colorado. The property is situated one block from Lowry Park and Lowry Family Health Center, and within walking distance of the Wings Over the Rockies Air & Space Museum. The E 11th Ave and Boston Bus Stop is located a few blocks away. The property size is 7290 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $189.8k $26.04
    − Vacancy −$12.9k −$1.77
    EGI $176.9k $24.27
    − OpEx −$79.6k −$10.92
    NOI $97.3k $13.35
    7,290 SF · lease $26.04/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.39M
    $1.22M – $1.62M (±1% cap)
    NOI $97,308 @ 7.0% cap · market cap 5.99%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.04M
    $1.78M – $2.38M (±1% cap)
    NOI $142,592 @ 7.0% cap · market cap 8.77%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.86
    Latitude
    39.7403

    FAQs

    What type of property is this?
    Apartment building - 13-unit multifamily community in Denver, near Lowry Park.
    Where is this apartment building located?
    The property is located at 1129 Akron Street Aurora, CO.
    What is the asking price?
    The asking price for this property is $1,625,000.
    What are key features of this property?
    This property features: 13‑unit multifamily community; Located in Denver, CO; Proximity to Lowry Park and Lowry Family Health Center
    More about this property
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