1415-1425 Kingston St, Aurora, CO 80010
Capital Property Group is proud to present 1414-1425 Kingston Street, Aurora, CO 80010. This is an investment opportunity to acquire sixteen (16) units in Aurora. The property consists of two (2) two (2) story walk-up building with exterior walkways. The unit mix is fifteen (15) two bedroom units and one (1) one bedroom unit. The investment property provides a significant amount of upside as rents are below market. Additionally, almost all of the units have been renovated since ownership purchased the property in 2017. A new roof was installed in 2017 and the laundry room was remodeled in 2021. Owners of other multi-family buildings in the area typically report near to full occupancy at their properties, with annual leases executed months in advance. 1415-1425 Kingston Street is ideally located for workforce housing and residents looking to acquire a more affordable apartment in relation to central Denver.
Primary Features
Property Type: Multifamily
Building Size: 12,800 sqft
Stories: 2
Units: 16
Year Built: 1962
Unit Mix: 15
Pricing Type: Under Contract
Chase Kobilca
Investment Advisor
Location Information
Capital Property Group
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The Whitfield Team
Colorado Natives Scott Whitfield and Paul Hanson, have vast experiences in commercial sales, as well as real estate development. Both started careers in Denver with a real estate investment firm, specializing in sophisticated, large-scale transactions involving institutional investors, pension funds, and large-scale private equity firms.
