Technical
Financial
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Property profile

11916 E 14 Ave Aurora, CO 80010

OFF-MARKET
Apartment buildings
Property ID
US13-Q011794
8,876 SF Built 1960
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Property summary

AI-generated overview

11916 12000 E 14th Avenue is a 16-unit multifamily property located in Aurora, Colorado, consisting of two two-story brick apartment buildings constructed in 1960. The property sits on a 14,331 square foot lot and totals approximately 8,876 gross building square feet. The unit mix is comprised entirely of one-bedroom, one-bathroom units averaging approximately 500 square feet. Eleven of the sixteen units have been upgraded, offering additional upside through renovation of the remaining interiors. Recent capital improvements include new apartment security doors installed in both buildings in 2023 and full boiler replacements in 2024, reducing near-term capital exposure. The property also presents an opportunity to increase net operating income through the implementation of a utility bill-back program, allowing ownership to recapture a portion of currently landlord-paid utilities and improve cash flow.

Property profile

Verified
Property type Apartment buildings
Year built 1960
Total area 8,876 SF
UPID US13-Q011794

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11916 E 14 Ave Aurora, CO 80010
Aurora metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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