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1159 Akron St
Aurora, CO 80010
Multifamily Property For Sale
·
10 Units
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present a rare turnkey multifamily investment opportunity in the heart of Aurora, Colorado. Located at 1159–1181 Akron Street, this offering consists of two 5-unit buildings totaling 10 fully renovated apartment homes. With a strong inplace rent roll, minimal capital expenditure requirements, and a desirable unit mix, this asset is perfectly positioned for both cash flow-focused investors and 1031 exchange buyers. The property features (8) one-bedroom / one-bath units and (2) two-bedroom / one-bath units, each thoughtfully upgraded with modern finishes including new kitchens, baths, flooring, and fixtures. These renovations not only appeal to today’s discerning renters but also support strong market rents and reduce ongoing maintenance requirements. 1159-1181 Akron is located in an established, high-demand neighborhood within Aurora’s federally designated Opportunity Zone, near key economic hubs including Lowry and Fitzsimons. This area continues to benefit from strong rental demand, job growth, and urban revitalization, making it a strategic long-term hold. Priced below recent comparable sales, 1159–1181 Akron Street offers built-in equity and long-term upside in a supply-constrained market. With its updated interiors, strong location, and compelling financials, this is an ideal low-maintenance, high-yield investment for the savvy multifamily buyer.
PROPERTY FACTS
| Price Per Unit | $190,094 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.38 AC |
| Cap Rate | 6.61% | Building Size | 2,263 SF |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 1.77/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-4, Aurora | ||
| Price Per Unit | $190,094 CAD |
| Sale Type | Investment |
| Cap Rate | 6.61% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 2,263 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 1.77/1,000 SF |
| Zoning | R-4, Aurora |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 650 |
| 2+1 | 2 | - | 850 |
PROPERTY TAXES
| Parcel Number | 1973-03-2-24-007 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $53,310 CAD |
PROPERTY TAXES
Parcel Number
1973-03-2-24-007
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$53,310 CAD
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