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.
22,080 Sq Ft
Commercial
$21,155 Annual Tax
Built in 1979
MLS/Listing ID 7979513
24 Units
Listing Courtesy of MMGREA LLC, JASON KOCH - 303-328-5208
Source of Data: RECOLORADO