1138568780178619
Megan Powell

11916 E 14th Ave, Aurora, CO 80010

$1,776,000
  • 11916 E 14th Ave, Aurora, CO 80010 Main Photo

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Active
BEDS0 BATHS SQUARE FEET8,876 MLS#1050763
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGreen Tree Acres SCHOOLAdams-Arapahoe 28J

Property Description

11916 & 12000 E 14th Avenue is a 16-unit multifamily property located in Aurora, Colorado, consisting of two two-story brick apartment buildings constructed in 1960. The property sits on a 14,331 square foot lot and totals approximately 8,876 gross building square feet. The unit mix is comprised entirely of one-bedroom, one-bathroom units averaging approximately 500 square feet. Eleven of the sixteen units have been upgraded, offering additional upside through renovation of the remaining interiors. Recent capital improvements include new apartment security doors installed in both buildings in 2023 and full boiler replacements in 2024, reducing near-term capital exposure. The property also presents an opportunity to increase net operating income through the implementation of a utility bill-back program, allowing ownership to recapture a portion of currently landlord-paid utilities and improve cash flow.

11916 E 14th Ave | MLS# 1050763

This multi-family property located at 11916 E 14th Ave, Aurora, CO 80010 is currently listed for sale with an asking price of $1,776,000. E 14th Ave is located within the Adams-Arapahoe 28J school district. Search Aurora real estate on www.meganknowsgj.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Wall/Window Unit(s)
Heating: Forced Air
Lot Size: 0.33 Acres
Roof Type: Flat
Taxes: $12,398
Year Built: 1960

Feature Descriptions

Appliances: No Units Furnished
Days on Site: 210
Exclusions: Tenant's personal property.
Exterior: Brick
HOA Y/N: No
Lot Features: Level
Parcel Number: 1973-02-1-04-005
SQ FT Total: 8876
Tenant Pays: Deposit, Gas, Electricity, Water, Sewer
Units: 16
Utilities: Separate Meter Electricity, Separate Meter Gas
Water: City

Local Schools

High School: Aurora Central
Middle School: Aurora Quest
Elementary School: Kenton
School District: Adams-Arapahoe 28J

Listed By / Shown By

Listed By

Agency Name: Unique Properties
Agency Contact: 3033215888

Shown By

Agent Name: Megan Powell
Agent Phone: Cell: (303) 501-3111
Agency Title: Key Realty

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Estimated Payment

$ 10,069.58 per month $8,518.41 Principal & Interest $1,033.17 Property Tax $518.00 Homeowner's Insurance

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