Aurora Apartment Building
1457 Kenton Street & 1494 Joliet Street Aurora, CO 80010
1457 Kenton Street & 1494 Joliet Street, Aurora, CO, 80010
$1,290,000
For Sale
$1,290,000
Two multifamily properties totaling 12 units in Aurora, Colorado.
Property Size6,782 SF
Price / SF$190.21
Days on Market239
Property Features for 1457 Kenton Street & 1494 Joliet Street
General Information
- Standard status
- Active
- Size
- 6,782 SF
- Property subtype
- Multifamily
Listing Agency
Pinnacle Real Estate Advisors
(303) 962-9559
Listed by
Josh Newell · License #FA100001439
Source
Pinnaclerea
Added: Nov 21, 2025 Checked: Jul 17 at 2:57 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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This offering features a portfolio of two apartment buildings located in Aurora, Colorado. The properties comprise a total of 12 units. The combined size of the buildings is 6,782 square feet. These residential income properties are suitable for multifamily use.
Key Highlights
- 12 unit apartment building
- Location in Aurora
- Just sold
Local 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 | $176.6k | $26.04 |
| − Vacancy | −$12.0k | −$1.77 |
| EGI | $164.6k | $24.27 |
| − OpEx | −$74.1k | −$10.92 |
| NOI | $90.5k | $13.35 |
6,782 SF · lease $26.04/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,527 @ 7.0% cap · market cap 7.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,656 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Two multifamily properties totaling 12 units in Aurora, Colorado.
Where is this apartment building located?
The property is located at 1457 Kenton Street & 1494 Joliet Street Aurora, CO.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: 12 unit apartment building; Location in Aurora; Just sold
