1695 Clinton St Aurora, CO 80010
- Commercial real estate
- 7,740 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1695 Clinton St
- Year built
- 1960
- Property size
- 7,740 SF
- Property type
- Commercial real estate
Description
This exceptional 12-unit apartment building, located at 1695 Clinton St, Aurora, CO 80010, presents a compelling investment opportunity. The 7,740 square foot building sits on a 9,525 square foot lot and boasts a desirable location near Stanley Marketplace and Anschutz Medical Center, offering convenient access to employment centers and amenities. Priced at $1,595,000 ($132,917 per unit and $206.07 per square foot), this property offers significant potential for growth. Nine of the twelve units have undergone recent renovations, including new flooring, tile tub surrounds, and cabinets, enhancing tenant appeal and maximizing rental income. The building features convenient onsite laundry facilities and eight covered off-street parking spaces with additional storage. Master metering for gas and electric, with RUBs (rent utility billback) in place for some tenants, provides further opportunities to optimize revenue. Built in 1960, the property is zoned for multifamily use within Aurora, Adams County, Colorado. This well-maintained property is an ideal investment for those seeking a high-yield return in a thriving area. The combination of recent updates, prime location, and strong rental demand makes this a truly attractive opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Adams
- State
- Colorado
- Longitude
- -104.8778862
- Latitude
- 39.743617
