27-Unit Apartment Building
1995 Del Mar Parkway Aurora, CO 80010
1995 Del Mar Parkway, Aurora, CO, 80010
$4,100,000
For Sale
$4,100,000
27-unit apartment building near Stanley Marketplace, recently sold.
Property Size22,512 SF
Price / SF$182.13
Days on Market238
Property Features for 1995 Del Mar Parkway
General Information
- Standard status
- Active
- Size
- 22,512 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 4:03 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 recently sold property is a 27-unit apartment building. The building has a size of 22512 square feet and is located near Stanley Marketplace.
Key Highlights
- 27 unit apartment building
- Located near Stanley Marketplace
- 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 | $586.2k | $26.04 |
| − Vacancy | −$39.9k | −$1.77 |
| EGI | $546.4k | $24.27 |
| − OpEx | −$245.9k | −$10.92 |
| NOI | $300.5k | $13.35 |
22,512 SF · lease $26.04/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$4.29M
$3.76M – $5.01M
NOI $300,493 @ 7.0% cap · market cap 7.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.29M
$5.50M – $7.34M
NOI $440,335 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - 27-unit apartment building near Stanley Marketplace, recently sold.
Where is this apartment building located?
The property is located at 1995 Del Mar Parkway Aurora, CO.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: 27 unit apartment building; Located near Stanley Marketplace; Just sold
