Aurora Multifamily Investment
For Sale
Contact for pricing
1744 Boston St, Aurora, CO 80010
Eight-unit apartment building with large one-bedroom units and backyard.
Property Size5,472 SF
Price / SF$173.61
Days on Market244
Property Features for 1744 Boston St
General Information
Standard status
Active
Size
5,472 SF
Total Parking Spaces
8
Property subtype
Multifamily
Net Operating Income
$111,062
Building Details
Year Built
1969
Buildings
1
Stories
2
Units
8
Listing Agency:
Pinnacle Real Estate Advisors
Listed By:
Josh Newell · License #CO FA100001439
(303) 962-9555
Source:
Crexi
Added: Feb 4
Changed: Aug 8
Last Checked: Aug 8 at 6:31AM
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 is an eight-unit apartment property featuring large one-bedroom units. The property is currently operating at an 11.69% cap rate. A large private backyard is included. The property size is 5472 square feet.
Key Highlights
- High 11.69% Cap Rate
- Features 8 Units for a substantial income stream
- All units are Large One‑Bedroom Apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,041
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,460,820
$1.5M
Cap Rate 7%
$1,043,443
$1.0M
Cap Rate 9%
$811,567
$811.6K
Market Conditions
NOI Build-Up for 5,472 SF
Gross rent
$142.5K $26.04/SF
− Vacancy
−$9.7K −$1.77/SF
EGI
$132.8K $24.27/SF
− OpEx
−$59.8K −$10.92/SF
NOI
$73.0K $13.35/SF
Area
Aurora, CO
Vacancy
6.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,460,820
Cap Rate 7%
$1,043,443
Cap Rate 9%
$811,567
Alternative Uses
Best Use
Apartment 5plus
$1.04M
$913.0K – $1.22M
NOI $73,041 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $107,032 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit apartment building with large one-bedroom units and backyard.
Where is this apartment building located?
The property is located at 1744 Boston St Aurora, CO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: High 11.69% Cap Rate; Features 8 Units for a substantial income stream; All units are Large One‑Bedroom Apartments
