982 S Dearborn WAY, Aurora, CO 80012
982 S Dearborn WAY, Aurora, CO 80012
982 S Dearborn WAY, Aurora, CO 80012
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Justin Morgan

Justin Morgan

+1(720) 893-2278
$1,985,000
Est. payment /mo
Save

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3690783

HOA Y/N No

Year Built 1983

Property Sub-Type Multi Family

Property Description

13 CONDOS. ONE PURCHASE. APPROX. 9.5% PROJECTED CAP RATE. This is not a dressed-up 5% deal pretending to be an investment. At $1,985,000, this 13-unit condominium portfolio produces $326,268 in annual scheduled rent, with projected NOI of approximately $187,953 AFTER underwriting 5% vacancy, 7.5% professional management, 7.5% maintenance, HOA dues, property taxes and insurance. ALL 13 UNITS ARE CURRENTLY OCCUPIED on 12-month leases, with most tenants having lived in their units for multiple years. Approx. $153,000 per unit. Portfolio includes a mix of 1-, 2- and 3-bedroom condos across multiple Denver/Aurora communities. Acquire 13 income-producing assets in one transaction while retaining the flexibility to hold, refinance or sell individual units over time. Serious portfolio investors: run the numbers.

Location

State CO

County Arapahoe

Exterior

Waterfront Description Public

Roof Type Unknown

Private Pool No

Building

Sewer Public Sewer

Water Public

Others

Tax ID 032523719

Read Less Info
REColorado MLS
© 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byLoKation

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Justin Morgan

Justin Morgan

+1(720) 893-2278

Agent

Agent

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Real Broker, LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

982 S Dearborn WAY

QUICK SEARCH