15800 E 13th Place Aurora, CO $ 4,650,000
15800 E 13th Place
$ 4,650,000
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15800 E 13th Place

Aurora, CO, 80011
$ 4,650,000
Bedrooms-- Baths-- Sq 22,080

Monthly Estimate*

$ 30,905

Listed by MMGREA LLC
15800 E 13th Place, Aurora, CO 80011 - Image 1

Commercial Property for sale in Aurora, CO

for $4,650,000. This 22,080 square foot building was built in 1979.

Pinon Place Apartments offers investors a compelling opportunity to acquire a well-maintained asset with significant upside potential in Aurora, Colorado. The property consists of 24 large two-bedroom units, each with in-unit laundry and a fireplace. A strategic investment of $7,500 per unit will allow for immediate rent increases and strong cash flow. The property's proximity to the Anschutz Medical Campus, a major employer in the area, further enhances its appeal. With individual unit ownership and the potential for condo conversion, Pinon Place provides investors with flexible exit strategies. Don't miss this chance to acquire a prime asset in a dynamic submarket with a clear path to maximizing returns.

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Commercial Active

Price

$ 4,650,000

Property Type

Commercial

Taxes

$ 21,155

Style

Year Built

1979

Town/City

Aurora

County/Region

Arapahoe

MLS | Web ID

7979513

Features
General
Sewer Public Sewer
Possession Closing/DOD
Garage Spaces 0
Exclusions Tenant Personal Property.
Year Built 1979
Property Subtype Multi-Family
Tax Year 2024
Current Use Multi-Family
Gross Income 410256
County Arapahoe
Operating Expense 135012
Property Type Commercial Sale
Attached Garage N
Status Active
City Aurora
Number Of Units Total 24
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 21155
Standard Status Active
Cap Rate 5.92
Exterior
Total Parking 0
Building Area Total 22080
Internal Only
Street Number 1 15800
* Excluded Features
List By
Mmgrea Llc

Broker

(303) 328-5208

Phone

Affordability Calculator

$32,668
Per Month
95%
5%
0%
Monthly Principal & Interest
$30,905
Monthly Property Taxes
$1,763
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
3/20/2025$4,650,000 Listed Price

Map


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15800 E 13th Place, Aurora, CO, 80011 is a Commercial Property for sale at $4,650,000 with 22,080 sqft. 15800 E 13th Place was built in 1979. The property's zip code is 80011 which is in Aurora, CO