Multifamily

The Mark

2001 Fulton St, Aurora, CO 80010

Listing Price: $2,346,000

Cap Rate
4.22%
Number of Units
17
Price/Unit
$138,000
Price/Gross SF
$180.46
Gross SF
13,000

Investment Overview

Marcus & Millichap is pleased to present The Mark Apartments at 2001 Fulton Street, a 17-unit apartment community in Aurora, Colorado. Built in 1961, the subject property offers a strong unit mix of three studio units, seven one-bedroom units, and seven two-bedroom units. Located in Aurora, a popular Denver submarket and the state’s third largest city, the subject property offers residents a comfortable mix between convenient access to everyday amenities and a more relaxed suburban environment. This combined with Denver’s growing rental demand and the increasing popularity of “suburban living” make The Mark Apartments a strong investment opportunity.

Investment Highlights

  • Large Units Close to Stapleton
  • Opportunity to Increase Rents By Over 20% in Year One
  • New Windows, New Roof (2015), New Boiler System (2013), Updated Interior Common Areas (2020)
  • Updates to 13 of 17 Unit Interiors
  • Large Storage Closet in Every Unit
  • Income-Producing Laundry and Parking

Exclusively Listed By

Listing Price: $2,346,000

Cap Rate
4.22%
Number of Units
17
Price/Unit
$138,000
Price/Gross SF
$180.46
Gross SF
13,000

Investment Highlights

  • Large Units Close to Stapleton
  • Opportunity to Increase Rents By Over 20% in Year One
  • New Windows, New Roof (2015), New Boiler System (2013), Updated Interior Common Areas (2020)
  • Updates to 13 of 17 Unit Interiors
  • Large Storage Closet in Every Unit
  • Income-Producing Laundry and Parking

Investment Overview

Marcus & Millichap is pleased to present The Mark Apartments at 2001 Fulton Street, a 17-unit apartment community in Aurora, Colorado. Built in 1961, the subject property offers a strong unit mix of three studio units, seven one-bedroom units, and seven two-bedroom units. Located in Aurora, a popular Denver submarket and the state’s third largest city, the subject property offers residents a comfortable mix between convenient access to everyday amenities and a more relaxed suburban environment. This combined with Denver’s growing rental demand and the increasing popularity of “suburban living” make The Mark Apartments a strong investment opportunity.

Exclusively Listed By

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