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11916 - 12000 E 14th AVE Aurora, CO 80010
8,876 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,876 sqft
Price per Sqft $200
MLS Listing ID 6501371
HOA Y/N No
Year Built 1960
Annual Tax Amount $5,811
Tax Year 2024
Lot Size 0.329 Acres
Acres 0.33
Property Sub-Type Multi Family
Source recolorado
Property Description
11916 & 12000 E 14th Avenue is a 16-unit multifamily property located in Aurora, Colorado, consisting of two two-story brick apartment buildings constructed in 1960. The property sits on a 14,331 square foot lot and totals approximately 8,876 gross building square feet. The unit mix is comprised entirely of one-bedroom, one-bathroom units averaging approximately 500 square feet. Eleven of the sixteen units have been upgraded, offering additional upside through renovation of the remaining interiors. Recent capital improvements include new apartment security doors installed in both buildings in 2023 and full boiler replacements in 2024, reducing near-term capital exposure. The property also presents an opportunity to increase net operating income through the implementation of a utility bill-back program, allowing ownership to recapture a portion of currently landlord-paid utilities and improve cash flow.
Location
State CO
County Arapahoe
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, Sewer Connected
Roof Type Membrane
Total Parking Spaces 16
Garage No
Building
Sewer Public Sewer
Structure Type Brick,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Unique Properties LLC
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