Log In/Sign Up
Your email has been sent.
1167-1239 N Sable Blvd
Aurora, CO 80011
Sable View Townhomes · Multifamily Property For Sale
·
16 Units
EXECUTIVE SUMMARY
• Location: 1.5 miles from CU Anschutz, Fitzsimons, and UCHealth; adjacent RTD bus stop with 35-minute DIA light rail access.
• Supply Constraint: One of only three rental communities within two miles of Anschutz offering post-2019 Two-Bedroom Units.
• Parcels & Market Context: 16 individually deeded addresses providing resale flexibility; comparable Aurora for-sale townhomes trade at $515K–$550K/unit, reflecting a 15–20% discount on bulk pricing.
• Replacement Cost: Basis of $252.06/SF, significantly below both replacement cost and actual development cost.
• Performance Metrics: Current GRM of 12.65 on in-place income; reducing vacancy from 20% to market-norm 10% increases NOI by $45,013 (+14.66%).
• Supply Constraint: One of only three rental communities within two miles of Anschutz offering post-2019 Two-Bedroom Units.
• Parcels & Market Context: 16 individually deeded addresses providing resale flexibility; comparable Aurora for-sale townhomes trade at $515K–$550K/unit, reflecting a 15–20% discount on bulk pricing.
• Replacement Cost: Basis of $252.06/SF, significantly below both replacement cost and actual development cost.
• Performance Metrics: Current GRM of 12.65 on in-place income; reducing vacancy from 20% to market-norm 10% increases NOI by $45,013 (+14.66%).
PROPERTY FACTS Under Contract
| Price Per Unit | $567,093 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 1.17 AC |
| No. Units | 16 | Building Size | 26,696 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Low-Rise | ||
| Zoning | RR2 | ||
| Price Per Unit | $567,093 CAD |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.17 AC |
| Building Size | 26,696 SF |
| No. Stories | 2 |
| Year Built | 2022 |
| Zoning | RR2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 16 | - | 1,606 |
1 of 20
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
