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13-Unit Condominium Portfolio

982 S Dearborn, Aurora, CO 80012

For Sale
$1,985,000

The portfolio combines one-, two- and three-bedroom residences across Denver and Aurora communities.

Property SizeContact for details
Days on Market12

Property Features for 982 S Dearborn

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Site & Location

Neighborhood Chambers Heights

Additional Details

Asking Price $1,985,000
Multifamily Units 13
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $12,182

Building Details

Year Built 1983
Listing Agency: LOKATION
Listed By: MATTHEW COLLINS
Source: Corcoran
Added: Nov 2 Changed: Nov 12 Last Checked: Nov 12 at 7:29AM

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 LOKATION

Rey
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Investment Insights

Based on property information with market context.

This 13-condominium portfolio spans multiple communities in Denver and Aurora, with a mix of one-, two- and three-bedroom units. The buildings date to 1983.

All 13 residences are occupied under 12-month leases. Most occupants have remained in their units for multiple years. The portfolio has an approximately 9.5% projected cap rate.

Key Highlights

  • 13 condominiums with a mix of 1-, 2- and 3‑bedroom layouts
  • All 13 units occupied on 12‑month leases; most tenants have lived in their units for multiple years
  • Approximately 9.5% projected cap rate

Property Analytics

Lease Details

13
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,018
Businesses Nearby

Demographics for 80012, CO

49,897
Population
20,102
Households
2.5
Avg Household Size
35
Median Age
27%
College-Educated
84%
High-School Grad
7.6 sq mi
ZIP Area
6,565
Density / Sq Mi
$69,835
Median Household Income
$40,526
Median Earnings
$1,697
Median Rent
$398,300
Median Home Value

Market

Average Price Trend$/SF for Multifamily properties in Aurora, CO

$197 Jul
$217 Aug
$215 Sep
$203 Oct

Properties on Market for Multifamily properties in Aurora

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The portfolio combines one-, two- and three-bedroom residences across Denver and Aurora communities.
Where is this multifamily property located?
The property is located at 982 S Dearborn Aurora, CO.
What is the asking price?
The asking price for this property is $1,985,000.
What are key features of this property?
This property features: 13 condominiums with a mix of 1-, 2- and 3‑bedroom layouts; All 13 units occupied on 12‑month leases; most tenants have lived in their units for multiple years; Approximately 9.5% projected cap rate
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