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Multifamily

1432 Macon Street

1432 Macon St, Aurora, CO 80010

Listing Price: $1,750,000

Cap Rate
5.60%
Number of Units
12
Price/Unit
$145,833
Price/Gross SF
$265.15
Gross SF
6,600

Investment Overview

Marcus & Millichap is pleased to present 1432 Macon Street, a 12-unit apartment building in Aurora. The building offers a strong unit mix of all one-bedrooms. The building features strong brick construction, ample off-street parking, and on-site, laundry. The units feature spacious kitchens, large bedrooms, and walk-in closets. Updates to unit interiors include plank flooring, new cabinetry, and new countertops. 1432 Macon Street is just under one mile away from the Anschutz Medical Campus and provides residents with easy access to public transportation options, Interstate 225, and Interstate 70. The subject property’s investment appeal is supported by its location in Aurora and the area’s increasing popularity among renters looking for slower-paced and more affordable options outside of downtown Denver.

Investment Highlights

  • Stable Asset in Central Location
  • Cash Flow on Day One of Ownership
  • Room for Upside Through Rents
  • Proximity to Anschutz Medical Campus
  • On-Site Laundry Facilities
  • Updated Unit Interiors

Exclusively Listed By

Listing Price: $1,750,000

Cap Rate
5.60%
Number of Units
12
Price/Unit
$145,833
Price/Gross SF
$265.15
Gross SF
6,600

Investment Highlights

  • Stable Asset in Central Location
  • Cash Flow on Day One of Ownership
  • Room for Upside Through Rents
  • Proximity to Anschutz Medical Campus
  • On-Site Laundry Facilities
  • Updated Unit Interiors

Investment Overview

Marcus & Millichap is pleased to present 1432 Macon Street, a 12-unit apartment building in Aurora. The building offers a strong unit mix of all one-bedrooms. The building features strong brick construction, ample off-street parking, and on-site, laundry. The units feature spacious kitchens, large bedrooms, and walk-in closets. Updates to unit interiors include plank flooring, new cabinetry, and new countertops. 1432 Macon Street is just under one mile away from the Anschutz Medical Campus and provides residents with easy access to public transportation options, Interstate 225, and Interstate 70. The subject property’s investment appeal is supported by its location in Aurora and the area’s increasing popularity among renters looking for slower-paced and more affordable options outside of downtown Denver.

Exclusively Listed By

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