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Description

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.

  • Value-Add Potential: Invest $7,500 per unit to modernize interiors and significantly increase rental income. Proven strategy with immediate ROI through rent escalations.
  • Individual Unit Ownership: All 24 units are separately deeded, offering the flexibility to sell individual units or pursue a condo conversion strategy.
  • High Demand Unit Mix: All units are large two-bedroom layouts with in-unit laundry and fireplaces, features highly desirable to renters in the Aurora market.
  • Prime Location: Situated just two blocks from the High Line Canal trail, offering residents access to outdoor recreation and enhancing the property’s appeal.
  • Multiple Income Streams: Implement a utility reimbursement program to increase revenue and improve the property’s overall financial performance.
  • Address 15800-15830 E 13th Ave
  • City Aurora
  • State/county Colorado
  • Zip/Postal Code 80011

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