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Multifamily

Aspen Grove

1568 Nome St, Aurora, CO 80010

Listing Price: Request For Offer

Number of Units
99
Occupancy
93.0%
Gross SF
73,100

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. The Aspen Grove Apartments is being offered 100% vacant, offering a new investor the opportunity to execute a business plan and value-add strategy unencumbered by existing tenants that would traditionally need to be vacated from the property.

Investment Highlights

  • Aspen Grove is ideally located one block off Colfax Avenue and represents a unique opportunity to acquire 99 units that are only six minutes (0.3 miles) from the Fitzsimons Medical Campus.
  • Aspen Grove is located in the rapidly growing area around Stanley Marketplace – a collective that is home to 50+ independently owned Colorado Businesses consisting of retail, restaurants, offices, etc
  • Aspen Grove offers residents proximity to public transportation, with the Colfax Station only being 1.4 miles away. Colfax Station offers connectivity to Boulder , Lone Treet, Downtown Denver.

Exclusively Listed By

Multifamily

Aspen Grove

Listing Price: Request For Offer

Number of Units
99
Occupancy
93.0%
Gross SF
73,100

Investment Highlights

  • Aspen Grove is ideally located one block off Colfax Avenue and represents a unique opportunity to acquire 99 units that are only six minutes (0.3 miles) from the Fitzsimons Medical Campus.
  • Aspen Grove is located in the rapidly growing area around Stanley Marketplace – a collective that is home to 50+ independently owned Colorado Businesses consisting of retail, restaurants, offices, etc
  • Aspen Grove offers residents proximity to public transportation, with the Colfax Station only being 1.4 miles away. Colfax Station offers connectivity to Boulder , Lone Treet, Downtown Denver.

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. The Aspen Grove Apartments is being offered 100% vacant, offering a new investor the opportunity to execute a business plan and value-add strategy unencumbered by existing tenants that would traditionally need to be vacated from the property.

Exclusively Listed By

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