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

October 2, 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

Listed by CBRE, Inc., Spencer Bradley, Listing Contact: [email protected],303-520-1977 
 

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