Move-In Ready Condo with
14435 E 1st Drive #B2 Aurora, CO 80011
For Sale
$230,000
Updated condo with community amenities, convenient location, and move-in readiness.
Property Size1,038 SF
Price / SF$221.58
Days on Market414
Property Features for 14435 E 1st Drive #B2
General Information
- Standard status
- Active
- Size
- 1,038 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1982
Listing Agency:
Keller Williams Realty DTC
(303) 731-9974
Listed By:
Lydia Golesh · License #55043201
(303) 731-9974
Source:
Kw
Added: Jun 6, 2025
Changed: Jul 6
Last Checked: Jul 23 at 7:52AM
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 Keller Williams Realty DTC
Investment Insights
Based on property information with market context.
This property in the Cherry Grove East community features a living room with a wood-burning fireplace and access to a large patio, a dining area, and an upgraded kitchen with stainless steel appliances and new cabinets, complete with a pantry. The primary suite includes space for an in-home office, a large walk-in closet, and an upgraded bathroom. The auxiliary bathroom is also upgraded. The second bedroom provides additional access to the covered patio, which overlooks the courtyard. The home includes an oversized laundry room and linen closets. The property has a deeded, covered carport space. Community amenities include a clubhouse, pool, and renovated tennis courts, with pickleball courts planned. Located near I-225, the Denver Tech Center, and Downtown Denver, the property offers access to the High Line Canal Trail, Bicentennial Park, Town Center of Aurora, and Aurora Hills Golf Course. Light rail stations are located within a mile of the property. The property contains 1038 square feet.
Key Highlights
- Move‑in ready condo with upgraded kitchen and bathrooms.
- Community amenities include a clubhouse, pool, renovated tennis courts, and soon‑to‑come pickleball courts.
- Convenient location with easy access to I‑225, Denver Tech Center, and Downtown Denver; close to light rail stations.
Financial Insights For Apartment 5plus
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 | $24.2k | $23.28 |
| − Vacancy | −$1.5k | −$1.44 |
| EGI | $22.7k | $21.84 |
| − OpEx | −$10.2k | −$9.83 |
| NOI | $12.5k | $12.01 |
1,038 SF · lease $23.28/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$178.1K
$155.8K – $207.8K
NOI $12,467 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$239.4K
$209.5K – $279.3K
NOI $16,758 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Updated condo with community amenities, convenient location, and move-in readiness.
Where is this apartment building located?
The property is located at 14435 E 1st Drive #B2 Aurora, CO.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Move‑in ready condo with upgraded kitchen and bathrooms.; Community amenities include a clubhouse, pool, renovated tennis courts, and soon‑to‑come pickleball courts.; Convenient location with easy access to I‑225, Denver Tech Center, and Downtown Denver; close to light rail stations.
