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11948 E 17th AVE Aurora, CO 80010
12,750 SqFt
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,750 sqft
Price per Sqft $164
MLS Listing ID 8685558
HOA Y/N No
Year Built 1971
Annual Tax Amount $20,381
Tax Year 2025
Lot Size 0.307 Acres
Acres 0.31
Property Sub-Type Multi Family
Source recolorado
Property Description
Exceptional value-add investment opportunity directly across from the University of Colorado Anschutz Medical Campus. This 18-unit multifamily property features five (5) three-bedroom units, twelve (12) two-bedroom units, and one (1) one-bedroom unit, with many units already updated. Positioned for lease-up and strategic capital improvements, the property offers significant upside through increased rents, Housing Choice Voucher (Section 8) rent potential, mid-term rentals for healthcare professionals, and future redevelopment potential. Located within a Qualified Opportunity Zone and just minutes from Stanley Marketplace, Lowry, Central Park, and Downtown Denver, this asset is well-positioned to benefit from strong rental demand driven by one of Colorado's largest employment centers. Estimated after-repair value (ARV): $2.8–$2.9 million. Seller is motivated.
Location
State CO
County Adams
Zoning MU-FB
Interior
Fireplace N
Exterior
Total Parking Spaces 17
Garage No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Acceptable Financing Cash
Listing Terms Cash
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Keller Williams Integrity Real Estate LLC
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