UNDER CONTRACT
1734 Paris St
Aurora, CO 80010

Property Addresses
1734 Paris St
Aurora, CO 80010
List Price
$1,150,000
# Units
8
Price/Unit
$137,500
Gross Building Area
4,368 SF
Price/SF
$251.83
In-Place Cap Rate
5.50%
Market Cap Rate
8.46%

Description

1734 Paris Street, located in Aurora, Colorado, presents an appealing 8-unit property with significant potential. This property is an excellent stabilized asset in the Denver rental market, given its strategic location and recent upgrades.

This 8-unit property offers an opportunity to operate as a mid-term rental with furnished units, catering to a diverse tenant base. The property has undergone major upgrades, including a new roof and new electrical panels, reducing capital expenditure needs.

Situated in the North Aurora subdivision, 1734 Paris Street capitalizes on the area’s emergence in the Denver rental market. Its proximity to Fitzsimons Medical Campus further enhances its rental potential. This strategic location positions the property for both immediate returns and long-term value appreciation, making it an attractive investment choice.

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