Just Sold: Large Updated 11-Unit Near Stanley Marketplace

1990 Beeler St, Aurora, CO 80010

Aurora, CO – November 30, 2023 – Kaufman Hagan is pleased to announce the sale of 1990 Beeler St, a well-maintained interior walk-up apartment near Stanley Marketplace and Fitzsimons Medical Campus for $1,419,000.

Kaufman Hagan Broker, Kevin Woolsey represented the Seller in this transaction.

“Georgetown, the 11-unit interior walk-up apartment located at 1990 Beeler St in Aurora offers an attractive investment opportunity in the Denver rental market.

Consisting of 10 well-maintained 1-bedroom units and a single 2-bedroom unit, Georgetown’s recent high-quality cap-ex upgrades, including a new boiler, and electrical panels, effectively minimize capital expenditure requirements.

These enhancements open up the potential for increased revenue by new ownership adjusting rents to market rates. Additionally, its prime location positions the property for both immediate returns and long-term appreciation, making it an enticing investment.”

Kevin Woolsey, Kaufman Hagan Broker

For more information on this transaction or to discuss multifamily investing, please contact Kevin Woolsey at 303-990-4361 or kwoolsey@khcommercial.com.


SALE HIGHLIGHTS

  • Property Type: Multifamily
  • Closed Date: November 30, 2023
  • Property: 1990 Beeler St, Aurora, CO 80010
  • Sale Price: $1,419,000
  • Total Units: 11
  • Price / Unit: $129,000
  • GBA: 9,657 SF
  • Price / SF: $147

SOLD BY


LOCATION


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