Aurora Central North Apts 1973 Homes with Finished Basement

Aurora Central North Apts 1973 Homes with Finished Basement

Welcome to Aurora Central North Apartments, a hidden gem nestled in the heart of Aurora, Colorado. Established in 1973, this vibrant community offers a perfect blend of comfort, convenience, and charm, making it an ideal place to call home.

Located in Arapahoe County, Aurora Central North is surrounded by a variety of amenities that cater to all lifestyles. Residents can enjoy easy access to local parks, shopping centers, and dining options, all within a short drive or leisurely stroll. The neighborhood boasts a strong sense of community, with friendly neighbors and a welcoming atmosphere that makes it easy to feel right at home.

One of the standout features of the homes in this area is the availability of finished basements. These versatile spaces provide endless opportunities for customization, whether you envision a cozy family room, a home office, or a play area for the kids. The additional square footage allows for greater flexibility, making it easier to accommodate your evolving needs.

Families will appreciate the proximity to reputable schools and recreational facilities, while nature enthusiasts can take advantage of nearby trails and parks, perfect for weekend adventures or peaceful evening walks. With its ideal location and charming ambiance, Aurora Central North Apartments is more than just a place to live; it's a community where you can truly thrive.

Explore the possibilities that await you in this delightful neighborhood, where comfort meets convenience, and every home tells a story. Come discover your new sanctuary in Aurora today!

Newest Aurora Central North Apts 1973 Homes with Finished Basement

$2,400,000
17 Beds ⋅ 17 Baths ⋅ 5083413 MLS
Marcus & Millichap is pleased to present 560 Dayton St, a 17-unit multifamily investment opportunity located in the desirable Aurora submarket of the Denver metropolitan area. The property consists of an attractive mix of (6) one-bedroom, (5) two-bedroom, and (6) three-bedroom apartments, providing investors with larger than- average unit layouts that continue to experience strong demand from Denver area renters. Offered at $2,400,000, the property delivers an attractive 6.46% Day One Cap Rate while featuring one of the most compelling financing opportunities currently available in today’s multifamily market. The offering includes the assumption of an existing Freddie Mac Small Balance Loan with approximately 90% loan-to-value financing, a fixed 5.77% interest rate, and interest-only payments through November 2029. This highly favorable debt structure allows investors to generate an estimated 13% Day One Cash-on-Cash Return, creating immediate yield that is rarely available in today’s lending environment while requiring significantly less upfront equity. Ideally positioned just east of Downtown Denver, the property benefits from convenient access to Interstate 225, Interstate 70, the Anschutz Medical Campus, Lowry, Fitzsimons Innovation Community, Buckley Space Force Base, and Denver’s largest employment corridors. The combination of a desirable location, spacious unit mix, and highly attractive assumable financing creates a rare opportunity for investors to acquire a cash-flowing asset with meaningful operational upside. By continuing to stabilize the property during the remaining interest-only loan term, future ownership will be well positioned for a refinance or sale upon loan maturity.

560 Dayton Street, Aurora

Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. . charles.burkhart@marcusmillichap.com,214-336-6064
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