6-Unit Apartment
12638 E Kansas Place, Aurora, CO 80012
For Sale
$1,600,000
All six residences are tenant-occupied, with three bedrooms in each townhouse.
Property Size6,500 SF
Days on Market12
Property Features for 12638 E Kansas Place
General Information
Standard status
Size
Property subtype
Financials
Asking Price
Cap Rate
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
LoKation
Listed By:
Matthew Collins
(720) 370-3878
Source:
Eliselosassore
Added: Nov 2
Changed: Nov 5
Last Checked: Nov 12 at 1:51PM
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 LoKation
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Investment Insights
Based on property information with market context.
Built in 1976, this multifamily property comprises six townhouses, each with three bedrooms. All six residences are currently tenant-occupied.
Key Highlights
- Six three‑bedroom townhouses
- All six residences are tenant‑occupied
- Built in 1976
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,229
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,644,580
$1.6M
Cap Rate 7%
$1,174,700
$1.2M
Cap Rate 9%
$913,656
$913.7K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$159.9K $24.60/SF
− Vacancy
−$10.4K −$1.60/SF
EGI
$149.5K $23.00/SF
− OpEx
−$67.3K −$10.35/SF
NOI
$82.2K $12.65/SF
Area
ZIP 80012
Vacancy
6.50%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,644,580
Cap Rate 7%
$1,174,700
Cap Rate 9%
$913,656
Alternative Uses
Best Use
Apartment 5plus
$1.17M
$1.03M – $1.37M
NOI $82,229 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,810 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,051
Businesses Nearby
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Business Placement
Demographics for 80012, CO
49,897
Population
20,102
Households
2.5
Avg Household Size
35
Median Age
27%
College-Educated
84%
High-School Grad
7.6 sq mi
ZIP Area
6,565
Density / Sq Mi
$69,835
Median Household Income
$40,526
Median Earnings
$1,697
Median Rent
$398,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Apartment buildings in Aurora
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - All six residences are tenant-occupied, with three bedrooms in each townhouse.
Where is this apartment building located?
The property is located at 12638 E Kansas Place Aurora, CO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Six three‑bedroom townhouses; All six residences are tenant‑occupied; Built in 1976
