14383 Evans Ave Aurora, CO 80014
This exceptional 49-unit apartment building presents a compelling investment opportunity in Aurora, Colorado. Located at 14383 E Evans Ave, this four-story property sits on a 1.7-acre lot and boasts 110 feet of frontage on E. Evans Avenue. The building is permitted and ready for immediate development, with all public improvements completed. The property benefits from a highly desirable Mixed-Use/Industrial (MU-OI) zoning designation, allowing for flexible uses, including senior care and assisted living. Its prime infill location offers excellent access to I-225 and the Iliff Interchange, placing it within close proximity to numerous hotels, restaurants, retail establishments, services, and the RTD Iliff Station. Conveniently located just 20 minutes from Denver International Airport, this property offers unparalleled convenience and accessibility. Utilities are provided by the City of Aurora (water, gas) and Xcel Energy (electricity). The asking price is $2,400,000, translating to $32.37 per square foot. This is a truly remarkable opportunity to acquire a high-yield, strategically located multifamily asset in a thriving Colorado market. The property is situated in Arapahoe County, zip code 80014.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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