1467 Joliet ST, Aurora, CO 80010
1467 Joliet ST, Aurora, CO 80010
1467 Joliet ST, Aurora, CO 80010
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$900,000
Est. payment /mo
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8,494 Sqft Lot
Active Under Contract

1467 Joliet ST Aurora, CO 80010

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Chris Plant

Chris Plant

+1(303) 332-4747

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Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 4615740

HOA Y/N No

Year Built 1952

Lot Size 8,494 Sqft

Acres 0.19

Property Sub-Type Multi Family

Property Description

1467 Joliet Street is a 9-unit multifamily property in Aurora offering a diverse unit mix of 1 studio, 4 one-bedrooms, 3 two-bedrooms, and 1 three-bedroom unit. The ranch style building also features 9 off street parking spaces and private entrances for each unit.
Located in North Aurora, the property is just minutes from Stanley Marketplace and the UC Anschutz Medical Campus. The location also stands to benefit from the East Colfax BRT project, which is bringing new stations, corridor amenities, and pedestrian improvements to the area.
Offered at $900,000, the property presents an accessible basis with clear operational upside and the potential to achieve an 8%+ cap rate. New ownership will have the opportunity to implement additional improvements, enhance interiors, tighten operations, and continue driving revenue over time.

HIGHLIGHTS
- Priced below nearby sales comparables and active listings
- Diverse unit mix from studio to three-bedroom units, appealing to a broad tenant base
- Side-by-side ranch-style apartment building with private entrances and a functional layout
- Located in North Aurora, just minutes from the Anschutz Medical Campus, Stanley Marketplace, and Lowry
- Value-add opportunity positioned to benefit from continued investment along the East Colfax corridor, including the East Colfax BRT project and related pedestrian and amenity improvements

AMENITIES
- Private entrances per unit
- Individually metered for electric - tenants pay directly (GE panels)
- 1:1 parking ratio
- LVP flooring in most units
- Functional, open floor plans

Location

State CO

County Arapahoe

Exterior

Roof Type Unknown

Private Pool No

Building

Sewer Public Sewer

Others

Tax ID 031074525

REColorado MLS
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byKaufman Hagan

NEARBY SCHOOL & BUSINESS

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Chris Plant

Chris Plant

Broker

+1(303) 332-4747

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1467 Joliet ST

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