1320 Macon Street Aurora, CO $ 1,650,000
1320 Macon Street
$ 1,650,000
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1320 Macon Street

Aurora, CO, 80010
$ 1,650,000
Baths0.0 Sq 7,389

Monthly Estimate*

$ 9,882

Listed by CBRE, Inc.
1320 Macon Street, Aurora, CO 80010 - Image 1
1320 Macon Street, Aurora, CO 80010 - Image 2
1320 Macon Street, Aurora, CO 80010 - Image 3
1320 Macon Street, Aurora, CO 80010 - Image 4
1320 Macon Street, Aurora, CO 80010 - Image 5
Studio

Commercial Property for sale in Aurora, CO

for $1,650,000. This 7,389 square foot building was built in 1962.

CBRE is pleased to present 1320 Macon Street, a turnkey, 12-unit multifamily investment opportunity. Built in 1962, and renovated several years ago, the well-maintained, professionally managed asset is in an ideal workforce location where 55% of the population within one mile are renters. The property offers all one-bedroom, one-bathroom units and is well-positioned to leverage the surrounding demographics. With over 200,000 jobs within a 15-minute drive, the property will continue to attract residents looking for abundant job opportunities within a convenient commute. The property is only a mile from multiple medical employment hubs including the University of Colorado Anschutz Medical Campus, Children's Hospital, Rocky Mountain Regional VA Medical Center, and the Medical Center of Aurora. 1320 Macon Street offers an in place T-12 Cap Rate of 6.3%. The property is professionally managed by Deerwoods Management. Contact Broker to receive a detailed Offering Memorandum, operating statement, and rent roll.

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Commercial Active

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,832

Style

Low Rise (1-3)

Year Built

1962

Town/City

Aurora

County/Region

Arapahoe

MLS | Web ID

9680175

Features
General
Sewer Public Sewer
Garage Spaces 0
Year Built 1962
Property SubType Multi-Family
Tax Year 2022
Current Use Multi-Family
County Arapahoe
Property Type Commercial Sale
Attached Garage N
Status Active
City Aurora
NumberOfUnitsTotal 12
Carport Spaces 0
Terms Cash Conventional
Tax Annual Amount 9832
Lease Considered Y/N N
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Type Tenant (Multiple)
Cap Rate 6.3
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Exterior
Total Parking 17
Building Area Total 7389
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Internal Only
Street Number 1 1320
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* Excluded Features
List By
Cbre, Inc.

Broker

(303) 520-1977

Phone

Affordability Calculator

$10,701
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,882
Monthly Property Taxes
$819
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/11/2024$1,650,000 Listed Price

Map


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1320 Macon Street, Aurora, CO, 80010 is a Commercial Property for sale at $1,650,000 with 7,389 sqft. 1320 Macon Street is a studio with 0.0 baths and was built in 1962. The property's zip code is 80010 which is in Aurora, CO