1391 Lima Aurora, CO 80010
8-unit multifamily property with strong cash flow and upside.
Type:Commercial
Lot size:
0.14 Acres- Added:
- Oct 7, 2025
- Days on Market:
- 201
- Last Refresh:
- Apr 5 at 9:03 pm
Property Features for 1391 Lima
General Information
- Standard status
- Active
- Lot size
- 0.14 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing agent VALERIE CANNISTRARO
Listing office LoKation Real Estate (720) 370-3878
Listing date Oct 7, 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 LoKation Real Estate
Overview
Updated Multifamily in Growing Aurora
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.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.86
- Latitude
- 39.7403
Nearby Similar for Sale
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.
