15300 E Arizona Ave

Aurora, CO 80017
  • $450,000
  • STATUS: Active
  • ON SITE: 146 days
  • MLS #: 814834
UPDATED: 202 min ago
$450,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Land with an approved site plan for 18 unit Apartment Complex. Construction plans will be included in the sale price. Plans are done, but need to be updated to 2015 code and then you can submit for building permit. Seller also has $158,000 credit towards water connection fees that can be purchased in addition to the land No attached or underground parking is required for this project. Very similar units renting for $1300 per month. Projects out to be a 7.5% cap after construction and land costs.



Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2017 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or 8z Real Estate. Data last updated 2017-08-17T23:39:08.083.
frontrange.8z.com/homes/71013903

15300 E Arizona Ave Aurora, CO 80017

  • Price: $450,000
  • Status: Active
  • Updated: 202 min ago
  • MLS #: 814834
0
Beds
0
Baths
0
½ Baths
0.7
Acres
Neighborhood:
Chambers Place
County:
Arapahoe
Area:
12 Denver Metro area
Elementary School:
Iowa
Middle School:
Aurora Hills
High School:
Gateway
School District:
Adams-Arapahoe 28J
Property Description
Land with an approved site plan for 18 unit Apartment Complex. Construction plans will be included in the sale price. Plans are done, but need to be updated to 2015 code and then you can submit for building permit. Seller also has $158,000 credit towards water connection fees that can be purchased in addition to the land No attached or underground parking is required for this project. Very similar units renting for $1300 per month. Projects out to be a 7.5% cap after construction and land costs.
Exterior Features

Location Description Level Lot Lot Improvements Street Paved Road Access Priv Rd Up To County StandardsCity Street Waterfront No

Property Features

Development Status Approved SubdividedPreliminary Plans Energy Star Certified No Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Living Units Allowed 6+ Units Allowed Locale Aurora Nahb Certified No New Financing CashConventionalFhaVa Ownership Private Owner Possible Usage Multi Family Tax Year 2016 Taxes 1997 Utilities Natural GasElectric Zoning Rr2m

© 2017 IRES.
Listing provided courtesy of Re/Max Alliance-Lsvl


Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2017 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or 8z Real Estate. Data last updated 2017-08-17T23:39:08.083.
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4041 Hanover, Suite 200
Boulder CO, 80305