1601 Joliet St Aurora, CO 80010
Renovated multifamily asset in Aurora, near major employment corridor.
Property Features for 1601 Joliet St
General Information
- Standard status
- Active
- Size
- 16,200 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1959
Listing office MMG (303) 257-7627
Listing date Mar 19, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Renovated multifamily asset in Aurora, Colorado.
- Located within a major employment corridor of the Denver metro area.
- Proximity to leading healthcare, military, aerospace, bioscience, and logistics employers.
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 | $421.8k | $26.04 |
| − Vacancy | −$28.7k | −$1.77 |
| EGI | $393.2k | $24.27 |
| − OpEx | −$176.9k | −$10.92 |
| NOI | $216.2k | $13.35 |
