15300 E Arizona Ave

    Aurora, CO 80017
    • $350,000
    • STATUS: Active Under Contract
    • ON SITE: 330 days
    • MLS #: 814834
    Under Contract
    UPDATED: 147 min ago
    $350,000
    • 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.

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    Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2018 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 2018-02-17T23:39:40.337.
    frontrange.8z.com/homes/71013903

    15300 E Arizona Ave Aurora, CO 80017

    • Price: $350,000
    • Status: Active Under Contract
    • Updated: 147 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 Backup 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

    © 2018 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. © 2018 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 2018-02-17T23:39:40.337.
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    4041 Hanover, Suite 200
    Boulder CO, 80305