Aurora Triplex: Investment
1321 Sable Blvd Aurora, CO 80011
1321 Sable Blvd, Aurora, CO, 80011
$775,000
For Sale
$775,000
Well-maintained 9-bedroom triplex in Aurora, near major transportation routes.
Property Size4,500 SF
Price / SF$172.22
Days on Market85
Property Features for 1321 Sable Blvd
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1972
Listing Agency
(303) 919-0307
Listed by
Connor Jensen
(303) 919-0307
Source
Elliman
Added: Apr 24 Checked: Jul 17 at 4:07 am
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 Connor Jensen
Investment Insights
Based on property information with market context.
This triplex, located at 1321 Sable Blvd in Aurora, offers a multi-family investment opportunity. Constructed in 1972, the property features a solid frame structure and has been consistently maintained. The building spans nearly 4500 square feet and includes 9 bedrooms and 6 bathrooms, divided into three units. Each of the three units features 3 bedrooms and 2 bathrooms. Each unit also includes 2 parking spaces located directly in front of the unit. The location provides convenient access to I-225, I-70, and DIA, facilitating commutes to the Denver Metro area. The property is positioned to capitalize on Aurora's rental market and appreciation. The property has a bike score of 55, indicating it is bikeable, a walk score of 65, indicating it is somewhat walkable, and a transit score of 54, indicating good transit options.
Key Highlights
- Income‑producing triplex with immediate cash flow potential.
- Three spacious 3‑bedroom, 2‑bathroom units.
- Located minutes from I‑225, I‑70, and DIA for easy access to the Denver Metro area.
Local Financial Insights For Multifamily LT 5
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 | $91.8k | $20.40 |
| − Vacancy | −$6.0k | −$1.33 |
| EGI | $85.8k | $19.07 |
| − OpEx | −$25.7k | −$5.72 |
| NOI | $60.1k | $13.35 |
4,500 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$858.3K
$751.0K – $1.00M
NOI $60,083 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$772.1K
$675.6K – $900.8K
NOI $54,046 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$1.04M
$908.2K – $1.21M
NOI $72,652 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Well-maintained 9-bedroom triplex in Aurora, near major transportation routes.
Where is this triplex located?
The property is located at 1321 Sable Blvd Aurora, CO.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Income‑producing triplex with immediate cash flow potential.; Three spacious 3‑bedroom, 2‑bathroom units.; Located minutes from I‑225, I‑70, and DIA for easy access to the Denver Metro area.
