Aurora Multifamily Investment
2350 S Linden Court Denver, CO 80222
2350 S Linden Court, Denver, CO, 80222
$2,130,000
For Sale
$2,130,000
Two Aurora buildings near Anschutz Medical Campus, ideal for investors.
Property Size5,456 SF
Price / SF$390.40
Days on Market416
Property Features for 2350 S Linden Court
General Information
- Standard status
- Active
- Size
- 5,456 SF
Building Details
- Year Built
- 1978
Listing Agency
HOMESMART
Listed by
SHERRY SCHOENBERGER
Source
Corcoran
Added: May 28, 2025 Checked: Mar 16 at 9:09 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 HOMESMART
Investment Insights
Based on property information with market context.
This portfolio bundle features two buildings located side by side in Aurora. The properties, located at 14200 E. 22nd Pl and 14220 E. 22nd Pl, offer a combined total of six units. The first building contains three units with a configuration of 5 bedrooms/2 bathrooms, 5 bedrooms/2 bathrooms, and 4 bedrooms/2 bathrooms. The second building also contains three units, configured as 5 bedrooms/2 bathrooms, 4 bedrooms/2 bathrooms, and 4 bedrooms/2 bathrooms. Each building has 5456 square feet. The properties are located close to Anschutz Medical Campus and various amenities. These low-maintenance brick buildings are suitable for large families, blended families, or mother-in-law housing. Each unit includes a refrigerator, range, microwave, and washer/dryer, along with a fully finished basement, covered front porch, and fenced backyard. Each building has detached garages, plus street parking. There is no HOA. The properties feature newer paint and flooring, a new boiler in one unit, and newer double-pane windows and a sewer line in one building. Most units have tenants who pay for electric and gas. There is potential for added rental income from the garages and RUBS for water and trash. Beginning June 1, all units will be occupied. These two properties can also be sold separately.
Key Highlights
- Portfolio bundle: Two side‑by‑side buildings in Aurora offer immediate investment opportunity.
- Six total units with a mix of 4 and 5‑bedroom configurations, suitable for various tenant profiles.
- Each unit includes desirable amenities: refrigerator, range, microwave, washer/dryer, fully finished basements, covered front porches, and fenced backyards.
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 | $160.4k | $29.40 |
| − Vacancy | −$9.8k | −$1.79 |
| EGI | $150.6k | $27.61 |
| − OpEx | −$67.8k | −$12.42 |
| NOI | $82.8k | $15.18 |
5,456 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.18M
$1.04M – $1.38M
NOI $82,842 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,579 @ 7.0% cap · market cap 5.71%
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 - Two Aurora buildings near Anschutz Medical Campus, ideal for investors.
Where is this apartment building located?
The property is located at 2350 S Linden Court Denver, CO.
What is the asking price?
The asking price for this property is $2,130,000.
What are key features of this property?
This property features: Portfolio bundle: Two side‑by‑side buildings in Aurora offer immediate investment opportunity.; Six total units with a mix of 4 and 5‑bedroom configurations, suitable for various tenant profiles.; Each unit includes desirable amenities: refrigerator, range, microwave, washer/dryer, fully finished basements, covered front porches, and fenced backyards.
