Active
1320 Macon Street
Aurora CO, 80010
$1,650,000
$223.30 per sqft
Active
7,389 sqft
Commercial
Built in 1962
CBRE is pleased to present 1320 Macon Street, a turnkey, 12-unit multifamily investment opportunity. Built in 1962, and renovated several years ago, the well-maintained, professionally managed asset is in an ideal workforce location where 55% of the population within one mile are renters. The property offers all one-bedroom, one-bathroom units and is well-positioned to leverage the surrounding demographics.
With over 200,000 jobs within a 15-minute drive, the property will continue to attract residents looking for abundant job opportunities within a convenient commute. The property is only a mile from multiple medical employment hubs including the University of Colorado Anschutz Medical Campus, Children's Hospital, Rocky Mountain Regional VA Medical Center, and the Medical Center of Aurora.
1320 Macon Street offers an in place T-12 Cap Rate of 6.3%. The property is professionally managed by Deerwoods Management.
Contact Broker to receive a detailed Offering Memorandum, operating statement, and rent roll.
9680175
MLSⓇ ID
July 11, 2024
Listed
September 13, 2024
Updated
Map
1320 Macon Street
Aurora CO, 80010
Other Property Details
Taxes
$9,832
Tax Frequency
Annually
Garage
No
Parking Total
17
View
No
County
Arapahoe
Pool
No
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