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Commercial > Multi-family / Apartments
Active
10/06/2025
List Price
$1,200,000

1391 Lima St
Aurora, CO 80010

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  • 1391 Lima St, Aurora, CO 80010 is a 8 bed, 8 bath, 2,660 ft² multi-family/apartments property built in 1965 on a 0.140 acre lot with 3 construction permits. This multi-family/apartments is currently on the market for $1,200,000.

    MLS Description

    The listing agent's description. Original Listing

    Located in the heart of the rapidly growing Delmar Parkway neighborhood, this 8-unit multifamily is in a prime position to take advantage of Aurora's expected 40% growth by 2050. It's currently operating at a strong 6.5% actual cap rate, but simple adjustments like modest rent increases and adding a utility billback system would raise returns to at least 7.4%. With Anschutz Medical Campus just minutes away, this property is ideal for mid-term rentals catering to traveling nurses, providing the chance for even greater returns. Each unit has been updated with modern finishes and newer appliances, offering a turnkey experience for a new owner. Major recent upgrades include a 25-year Class 4 impact-resistant roof and a radon mitigation system completed in 2021. The building offers secure access, on-site laundry, and private basement storage for each unit. With a Walk Score of 83, tenants have easy access to restaurants, coffee shops, and grocery stores. With great cash flow and plenty of upside, this property is a rare find in one of Aurora's hottest neighborhoods.

    Listing Agents

    The listing agent for 1391 Lima St is Valerie Cannistraro.

    Permits

    1391 Lima St has 3 permit records.

    Permit History
    3
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    1391 Lima St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 1391 Lima St

    School Information

    Public/private schools serving 1391 Lima St

    Neighborhood

    This property is located in Del Mar Parkway, Aurora, CO 80010.

    Market Trends

    Historical market data near 1391 Lima St over selected time period.

    Copyright © 2025 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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