Multifamily
Eleven8 Apartments
11800 E Colfax Ave, Aurora, CO 80010
Listing Price: $17,500,000
Investment Overview
Eleven8 Apartments represents a unique opportunity to acquire a brand-new, recently completed hospitality to multifamily conversion adjacent to the southwest corner of Fitzsimons medical campus in Aurora. Eleven8 is effectively new construction multifamily and offers investors and future tenants a rare value proposition in the area, as it will fill a void in the market left by the absence of Class B product in the area. Featuring premier, Class A finishes including hard surface countertops, stainless steel appliances, modern shaker cabinets, new hard surface vinyl flooring, tile tub-surrounds, modern fixtures, and much more, interior finishes at the Eleven8 Apartments exemplify that of new construction. Eleven8 Apartments will feature A- finishes inside and out, new fire suppression systems, new landscaping, 37 carports, and much more, making it one of the few Class B properties in the area. The average projected rent at Eleven8 Apartments is $1,231/month, compared to Class A comparable average rent in the immediate vicinity of $1,726/month. Average projected rents at Eleven8 Apartments are offered at a ~$500/month discount to Class A apartments in the area in a comparable location, which represents a monthly savings for tenants of 28 percent and a compelling value proposition.
Investment Highlights
- Prime Location
- Proximity to DIA
- Access to Public Transportation
- Excellent Visibility
Exclusively Listed By
Listing Price: $17,500,000
Investment Highlights
- Prime Location
- Proximity to DIA
- Access to Public Transportation
- Excellent Visibility
Investment Overview
Eleven8 Apartments represents a unique opportunity to acquire a brand-new, recently completed hospitality to multifamily conversion adjacent to the southwest corner of Fitzsimons medical campus in Aurora. Eleven8 is effectively new construction multifamily and offers investors and future tenants a rare value proposition in the area, as it will fill a void in the market left by the absence of Class B product in the area. Featuring premier, Class A finishes including hard surface countertops, stainless steel appliances, modern shaker cabinets, new hard surface vinyl flooring, tile tub-surrounds, modern fixtures, and much more, interior finishes at the Eleven8 Apartments exemplify that of new construction. Eleven8 Apartments will feature A- finishes inside and out, new fire suppression systems, new landscaping, 37 carports, and much more, making it one of the few Class B properties in the area. The average projected rent at Eleven8 Apartments is $1,231/month, compared to Class A comparable average rent in the immediate vicinity of $1,726/month. Average projected rents at Eleven8 Apartments are offered at a ~$500/month discount to Class A apartments in the area in a comparable location, which represents a monthly savings for tenants of 28 percent and a compelling value proposition.
Exclusively Listed By

