1680 Akron Street $1,440,000


    1680 Akron Street Aurora, CO 80010

    • 12 Beds
    • 12 Baths
    • 7,780 sq. ft.
    • Multi-Family
    • Listing# 3625346
    Favorite Share
    Views: 5 Days On Site: 45

    Go Tour This Home

    Schedule A Showing

    Property Details

    "The Kelly" is a 12 unit apartment building located in one of the most profitable sub-markets in metro Denver. The neighborhood continues to grow immensely and has enjoyed an average annual growth rate of 18% since 2012. The area is surrounded by new development with Stapleton & Stanley Marketplace to the north, Anschutz Medical Campus to the east, and Lowry to the south. The building sits on a peaceful, quiet block surrounded by single family homes. $10,000 in new, low maintenance landscaping provides great curb appeal for current and prospective tenants. The common areas and many of the apartment interiors have new hard surface flooring to give the building a modern feel while helping keep unit turnover costs low. Listed at just $1,440,000, The Kelly is being sold at the lowest price per door in metro Denver at $120,000 per unit. This price provides an unbeatable 7% cap rate on pro forma financials. A hidden gem just across the boarder from Denver, the building could be a great fit for any investor looking to outpace broader market returns in the coming years. Kellen Reilly 3 0 3 9 1 0 4 7 3 2

    • General Features
      • Year Built 1961
      • Tax Year 2019
      • Tax Annual Amount 10427.0
      • Special Listing Conditions None
      • Exclusions None
      • County Or Parish Adams
      • Carport Y/N No
      • Association Y/N No
    • Building Features
      • Above Grade Finished Area 7780.0
      • Attached Garage Y/N No
      • Architectural Style High Rise
      • Construction Materials Frame
      • Building Area Total 7780.0
      • Three-Qtr Bathrooms 0
      • One-Qtr Bathrooms 0
      • Half Bathrooms 0
      • Full Bathrooms 12
      • Roof Other
      • Middle Or Junior School District Adams 14
      • Middle Or Junior School Community Leadership Academy
      • Main Level Bedrooms 4
      • Main Level Bathrooms 4
      • Living Area 7780.0
      • Heating Baseboard
      • Levels Three Or More
    • Property Features
      • Covered Spaces 0.0
      • Garage Spaces 0.0
      • Lot Size Acres 0.22
      • Lot Size Square Feet 9525.0
      • Parking Total 11.0
    • Schools
      • High School District Adams 14
      • High School Adams City
      • Elementary School District Adams 14
      • Elementary School Alsup



    80010 (Aurora) Demographics

    30 Median Age
    7,906 Population Density (per sq. mile)
    18% College Educated
    $36,754 Estimated Median Income
    4,479 Estimated Total Home Owners
    8,611 Estimated Total Renters
    34% / 66% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    43,389 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $305,500 Median Sales Price
    28 Homes Sold
    48 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment

        Home Valuation

        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

        The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of REColorado MLS. Real estate listings held by brokers other than Kentwood Real Estate are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
        This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The information contained in this publication is subject to change without notice. REColorado MLS MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REColorado MLS SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.REColorado MLS will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. © 2020 REColorado MLS - All Rights Reserved, 6455 S. Yosemite St., Suite 500, Greenwood Village, CO 80111 USA. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.