Multifamily
Sable View Townhomes
1167 -1239 North Sable Boulevard, Aurora, CO 80011
Listing Price: $6,500,000
Investment Overview
Sable View Townhomes offers investors the chance to acquire a newly built, fee-simple townhome community in one of Aurora’s fastest-growing corridors. Located just east of Downtown Denver and minutes from Denver International Airport, the 16-unit asset delivers strong in-place income with significant upside through a proven mid-term rental strategy.
Built in 2022, each 2-bedroom, 2.5-bath unit (16) spans 1,606 SF and includes an attached 2-car garage, energy-efficient construction, and modern finishes. All homes are individually deeded, giving future owners flexibility through bulk sale or phased disposition.
Sable View Townhomes
Investment Highlights
- Location: 1.5 miles from CU Anschutz, Fitzsimons, and UCHealth; adjacent RTD bus stop with 35-minute DIA light rail access.
- Supply Constraint: One of only three rental communities within two miles of Anschutz offering post-2019 Two-Bedroom Units.
- Parcels & Market Context: 16 individually deeded addresses providing resale flexibility; comparable Aurora for-sale townhomes trade at $515K–$550K/unit, reflecting a 15–20% discount on bulk pricing.
- Replacement Cost: Basis of $252.06/SF, significantly below both replacement cost and actual development cost.
- Performance Metrics: Current GRM of 12.65 on in-place income; reducing vacancy from 20% to market-norm 10% increases NOI by $45,013 (+14.66%).
Exclusively Listed By
Financing By
Listing Price: $6,500,000
Investment Highlights
- Location: 1.5 miles from CU Anschutz, Fitzsimons, and UCHealth; adjacent RTD bus stop with 35-minute DIA light rail access.
- Supply Constraint: One of only three rental communities within two miles of Anschutz offering post-2019 Two-Bedroom Units.
- Parcels & Market Context: 16 individually deeded addresses providing resale flexibility; comparable Aurora for-sale townhomes trade at $515K–$550K/unit, reflecting a 15–20% discount on bulk pricing.
- Replacement Cost: Basis of $252.06/SF, significantly below both replacement cost and actual development cost.
- Performance Metrics: Current GRM of 12.65 on in-place income; reducing vacancy from 20% to market-norm 10% increases NOI by $45,013 (+14.66%).
Investment Overview
Sable View Townhomes offers investors the chance to acquire a newly built, fee-simple townhome community in one of Aurora’s fastest-growing corridors. Located just east of Downtown Denver and minutes from Denver International Airport, the 16-unit asset delivers strong in-place income with significant upside through a proven mid-term rental strategy. Built in 2022, each 2-bedroom, 2.5-bath unit (16) spans 1,606 SF and includes an attached 2-car garage, energy-efficient construction, and modern finishes. All homes are individually deeded, giving future owners flexibility through bulk sale or phased disposition.
Exclusively Listed By
Financing By
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