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Park Place at Expo 10785 E Exposition Ave 319 Unité Immeuble d’appartements À vendre Aurora, CO 80012



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Revere Deal Room - https://platform.reverecre.com/project/3f99cad3-9f9e-4780-bf68-460fd0139aa9
- Highly accretive assumable loan featuring a fixed 4.26% interest rate, 70%+ loan-to-value, and full-term interest-only through December 2028.
- With vacancy now elevated at roughly 34%, the asset offers more than $1.15 million in potential effective income growth once occupancy normalizes.
- The property offers a 51% discount to the cost of homeownership based on nearby single-family and condo sales within one mile.
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is pleased to present Park Place at Expo Apartments, a 319-unit multifamily community located at 10785 E Exposition Avenue in Aurora, Colorado.
Originally built in 1971, Park Place at Expo offers residents a thoughtfully updated living experience with strong connectivity to major employment hubs, recreational
amenities, and regional thoroughfares. The property is comprised of five buildings situated on a 9.2-acre parcel, combining scale, accessibility, and lifestyle appeal. Park
Place at Expo Apartments features a diverse unit mix consisting of 46 studio units averaging 423 square feet, 178 one-bedroom units averaging 527 square feet, and 95
two-bedroom units averaging 788 square feet. The community showcases an attractive blend of classic design and modern upgrades, with interior finishes including hard
surface vinyl flooring, contemporary shaker cabinets, updated countertops, new white appliances, modern fixtures, and more. These upgrades enhance the overall
living experience and position the property competitively within the market.
Residents at Park Place at Expo enjoy an extensive amenity package designed to support a well-rounded live-work-play lifestyle. Community features include a business
center with complimentary wi-fi, clubhouse, fitness center, multiple grilling stations and picnic areas, package service, playground, swimming pool, and basketball court.
The property also offers significant surface parking for resident convenience. Beyond the community, residents benefit from direct access to Expo Park which is adjacent to the property, a 57-acre public amenity featuring an 18-hole disc golf course, softball fields, tennis courts, a playground, and walking paths that connect to the regional High Line Canal Trail and Westerly Creek Trail.
Park Place at Expo Apartments further benefits from excellent connectivity, with direct access to major thoroughfares such as I-25 and I-225. Its location off South
Havana Street provides residents with seamless access to east/west routes including East Mississippi Avenue and East Alameda Avenue, offering convenient connections to major employment centers, retail corridors, and entertainment destinations throughout the Denver metro area.
With its combination of scale, upgraded interiors, comprehensive amenity offerings, adjacency to a premier community park, and connectivity to major employment and
lifestyle hubs, Park Place at Expo Apartments represents an outstanding multifamily acquisition opportunity in one of Aurora’s most dynamic submarkets.
Originally built in 1971, Park Place at Expo offers residents a thoughtfully updated living experience with strong connectivity to major employment hubs, recreational
amenities, and regional thoroughfares. The property is comprised of five buildings situated on a 9.2-acre parcel, combining scale, accessibility, and lifestyle appeal. Park
Place at Expo Apartments features a diverse unit mix consisting of 46 studio units averaging 423 square feet, 178 one-bedroom units averaging 527 square feet, and 95
two-bedroom units averaging 788 square feet. The community showcases an attractive blend of classic design and modern upgrades, with interior finishes including hard
surface vinyl flooring, contemporary shaker cabinets, updated countertops, new white appliances, modern fixtures, and more. These upgrades enhance the overall
living experience and position the property competitively within the market.
Residents at Park Place at Expo enjoy an extensive amenity package designed to support a well-rounded live-work-play lifestyle. Community features include a business
center with complimentary wi-fi, clubhouse, fitness center, multiple grilling stations and picnic areas, package service, playground, swimming pool, and basketball court.
The property also offers significant surface parking for resident convenience. Beyond the community, residents benefit from direct access to Expo Park which is adjacent to the property, a 57-acre public amenity featuring an 18-hole disc golf course, softball fields, tennis courts, a playground, and walking paths that connect to the regional High Line Canal Trail and Westerly Creek Trail.
Park Place at Expo Apartments further benefits from excellent connectivity, with direct access to major thoroughfares such as I-25 and I-225. Its location off South
Havana Street provides residents with seamless access to east/west routes including East Mississippi Avenue and East Alameda Avenue, offering convenient connections to major employment centers, retail corridors, and entertainment destinations throughout the Denver metro area.
With its combination of scale, upgraded interiors, comprehensive amenity offerings, adjacency to a premier community park, and connectivity to major employment and
lifestyle hubs, Park Place at Expo Apartments represents an outstanding multifamily acquisition opportunity in one of Aurora’s most dynamic submarkets.
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Taille du lot | 8,58 AC |
| Nombre d’unités | 319 | Taille du bâtiment | 206 174 pi² |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 3 |
| Sous-type de propriété | Appartement | Année de construction | 1971 |
| Style d’appartement | Jardin | Ratio de stationnement | 2,45/1 000 pi² |
| Classe d’immeuble | C |
| Type de vente | Investissement |
| Nombre d’unités | 319 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 8,58 AC |
| Taille du bâtiment | 206 174 pi² |
| Nombre d’étages | 3 |
| Année de construction | 1971 |
| Ratio de stationnement | 2,45/1 000 pi² |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Climatisation
- Prêt pour le câble
- Lave-vaisselle
- Traitement des déchets
- Planchers de bois franc
- Accès Internet à haute vitesse
- Réfrigérateur
- Télévision satellite
- Four
- Fourchette
- Vues
- Walk-in
COMMODITÉS DU SITE
- Centre d’affaires
- Cour
- Centre de conditionnement physique
- Installations de lessive
- Espace de pique-nique
- Terrain de jeu
- Terrain de tennis
- Clôturé
- Terrain de basketball
- Grill
- Service de lavage de vêtements
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| Studios | 47 | - | 420 |
| 1+1 | 176 | - | 480 - 600 |
| 2+1 | 90 | - | 740 - 880 |
| 2+2 | 6 | - | 1 080 |
Bike Score®
Très cyclable (74)
Impôts fonciers
| Numéro de lot | 1973-14-2-14-002 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 4 216 823 $ CAD |
Impôts fonciers
Numéro de lot
1973-14-2-14-002
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
4 216 823 $ CAD
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Park Place at Expo | 10785 E Exposition Ave
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