Updated 8-Unit Apartment
For Sale
$1,200,000
1391 Lima St, Aurora, CO 80010
Commercial Sale, Aurora, CO
Property SizeContact for details
Lot Size0.14 Acres
Days on Market376
Property Features for 1391 Lima St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
OA-RMU
Appliances
Fire Alarm
Subdivision
Aurora Heights
Lot features
Corner Lot, Level, Paved
Elementary school
Kenton
High school
Aurora Central
Elementary school district
Adams-Arapahoe 28J
Middle school district
Adams-Arapahoe 28J
High school district
Adams-Arapahoe 28J
Standard status
Active
APN
1973-02-2-16-024
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
8004
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Amenities
secure access
on-site laundry
private basement storage
Building Details
Year built
1965
Building materials
Brick
Roof type
Composition
Listing Agency:
LoKation Real Estate
(720) 370-3878
Listed By:
Valerie Cannistraro
(303) 618-1171
Added: Oct 6, 2025
Changed: Oct 8
Last Checked: Oct 16 at 12:06AM
MLS# 1045199
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 8-unit apartment property at 1391 Lima St. was built in 1965 and features brick construction, updated unit interiors, and newer appliances. Residents have access to secure entry, on-site laundry, and private basement storage assigned to each unit. A Class 4 impact-resistant roof and radon mitigation system were completed in 2021. The property also includes fire alarm equipment, window-unit cooling, natural gas availability, and public sewer service.
The building is located in Aurora’s Delmar Parkway neighborhood, near the Anschutz Medical Campus. A Walk Score of 83 reflects access to restaurants, coffee shops, and grocery stores. The property is zoned OA-RMU, sits on 0.14 acres, and is currently operating at a 6.5% actual cap rate.
The building is located in Aurora’s Delmar Parkway neighborhood, near the Anschutz Medical Campus. A Walk Score of 83 reflects access to restaurants, coffee shops, and grocery stores. The property is zoned OA-RMU, sits on 0.14 acres, and is currently operating at a 6.5% actual cap rate.
Key Highlights
- 8‑unit apartment building on a 0.14‑acre lot
- 6.5% actual cap rate
- OA‑RMU zoning in Aurora
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
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Business Placement
Demographics for 80010, CO
42,303
Population
15,394
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
8,295
Density / Sq Mi
$60,755
Median Household Income
$36,349
Median Earnings
$1,400
Median Rent
$385,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Brick apartment property with updated interiors, newer appliances, secure entry, laundry, and private basement storage for every unit.
Where is this apartment building located?
The property is located at 1391 Lima St 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: 8‑unit apartment building on a 0.14‑acre lot; 6.5% actual cap rate; OA‑RMU zoning in Aurora
