Updated Multifamily in Growing
1391 Lima Aurora, CO 80010
1391 Lima, Aurora, CO, 80010
$1,200,000
For Sale
$1,200,000
8-unit multifamily property with strong cash flow and upside.
Lot Size0.14 Acres
Days on Market285
Property Features for 1391 Lima
General Information
- Standard status
- Active
- Lot size
- 0.14 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing Agency
LoKation Real Estate
(720) 370-3878
Listed by
VALERIE CANNISTRARO
Source
Corcoran
Added: Oct 7, 2025 Checked: Jul 17 at 3:03 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 LoKation Real Estate
Investment Insights
Based on property information with market context.
Located in the Delmar Parkway neighborhood, this 8-unit multifamily property is positioned to benefit from Aurora's anticipated growth. The property is currently operating at a 6.5% actual cap rate. Adjustments such as rent increases and adding a utility billback system could potentially raise returns to at least 7.4%. The property may be suitable for mid-term rentals catering to traveling nurses, due to its proximity to Anschutz Medical Campus. Each unit features modern finishes and newer appliances. Recent upgrades include a 25-year Class 4 impact-resistant roof and a radon mitigation system completed in 2021. The building provides secure access, on-site laundry, and private basement storage for each unit. The property has a Walk Score of 83, offering tenants access to restaurants, coffee shops, and grocery stores.
Key Highlights
- Strong 6.5% actual cap rate with potential to increase to at least 7.4%.
- Prime location in the rapidly growing Delmar Parkway neighborhood.
- Proximity to Anschutz Medical Campus makes it ideal for mid‑term rentals.
Property Analytics
Property Profile
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Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 8-unit multifamily property with strong cash flow and upside.
Where is this apartment building located?
The property is located at 1391 Lima Aurora, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Strong 6.5% actual cap rate with potential to increase to at least 7.4%.; Prime location in the rapidly growing Delmar Parkway neighborhood.; Proximity to Anschutz Medical Campus makes it ideal for mid‑term rentals.
