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Listed price in listed location currency (USD).
$1,200,000

000

MLS® 1045199

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $8,004
Days Active 179
Lot Size 
Approx. Age 1965
MLS® Number 1045199

Property Address: 1391 Lima St, Aurora, CO, 80010-3486

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1045199
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1965
BasementNone
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 18, 2025List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
1391 Lima St, Aurora, CO

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