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Multifamily

Aspen Grove Apartments

1568 Nome St, Aurora, CO 80010

Listing Price: $17,500,000

Cap Rate
5.19%
Number of Units
99
GRM
10.65
Price/Unit
$176,768
Price/Gross SF
$218.75
Gross SF
80,000

Investment Overview

Marcus & Millichap is pleased to present the Aspen Grove Apartments, a 99-unit multifamily community located in Aurora adjacent to the Fitzsimons Life Sciences District/University of Colorado Anschutz Medical Campus. The property includes studio, one, and two-bedroom units, averaging 583 SF, 702 SF, and 900 SF, respectively. Residents enjoy on-site laundry facilities, a courtyard with a gazebo, ample parking, and an abundance of local attractions.

Aspen Grove is conveniently located in the Fitzsimons Life Sciences District/University of Colorado Anschutz Medical Campus area of Aurora, which consists of 578 acres dedicated to bioscience, biotechnology, healthcare, medical education, and advanced medical research. The property offers terrific accessibility to local amenities like Stanley Marketplace, as well as numerous public transportation routes, including both the Fitzsimmons Light Rail Station and the Colfax Light Rail Station. The transport options provide an easy commute west into Downtown Denver or east toward the Denver International Airport. This location is also just 15 minutes from the Denver Tech Center, one of the metro area’s most advantageous employment hubs.

Investment Highlights

  • 99-Unit Multifamily in Aurora, CO
  • Located Adjacent to the Fitzsimons Life Sciences District/University of Colorado Anschutz Medical Campus
  • Amenities Include On-Site Laundry Facilities, a Courtyard with a Gazebo, Ample Parking, and an Abundance of Local Attractions

Exclusively Listed By

Multifamily

Aspen Grove Apartments

Listing Price: $17,500,000

Cap Rate
5.19%
Number of Units
99
GRM
10.65
Price/Unit
$176,768
Price/Gross SF
$218.75
Gross SF
80,000

Investment Highlights

  • 99-Unit Multifamily in Aurora, CO
  • Located Adjacent to the Fitzsimons Life Sciences District/University of Colorado Anschutz Medical Campus
  • Amenities Include On-Site Laundry Facilities, a Courtyard with a Gazebo, Ample Parking, and an Abundance of Local Attractions

Investment Overview

Marcus & Millichap is pleased to present the Aspen Grove Apartments, a 99-unit multifamily community located in Aurora adjacent to the Fitzsimons Life Sciences District/University of Colorado Anschutz Medical Campus. The property includes studio, one, and two-bedroom units, averaging 583 SF, 702 SF, and 900 SF, respectively. Residents enjoy on-site laundry facilities, a courtyard with a gazebo, ample parking, and an abundance of local attractions. Aspen Grove is conveniently located in the Fitzsimons Life Sciences District/University of Colorado Anschutz Medical Campus area of Aurora, which consists of 578 acres dedicated to bioscience, biotechnology, healthcare, medical education, and advanced medical research. The property offers terrific accessibility to local amenities like Stanley Marketplace, as well as numerous public transportation routes, including both the Fitzsimmons Light Rail Station and the Colfax Light Rail Station. The transport options provide an easy commute west into Downtown Denver or east toward the Denver International Airport. This location is also just 15 minutes from the Denver Tech Center, one of the metro area’s most advantageous employment hubs.

Exclusively Listed By

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