Address
152 Del Mar Circle, Aurora, CO
Price
$ 5,400,000
Property Attributes
- MLS#7994822
- TypeCommercial
- Listing Status Active
- CountyARAPAHOE
- CityAurora
- Zip80011
- Style
- Year Built1967
- Taxes$ 26536
- Price$ 5,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage28048
- Lot Size0.62 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Colony House Apartments is a secured 37 unit apartment building with a mix of (1) one-studio, (34) thirty-four one bedroom/1 bathroom and (3) three, two bedroom units. Over 80% of the units have been remodeled since 2020 with new cabinets, flooring, new double paned windows… The building is 4 stories and service with a new elevator (2017). It has a pool that has been covered and all mechanical systems are still in place. Boiler and water heater were replaced in 2025. Rent upside in this secure building with a 16-camera security system. On-site office and two storage sheds. The parking lot has (35) thirty-five off-street parking spots with additional on street parking. Next door to King Soopers grocery store and bus routes. Across the street from Aurora senior center and recreation center including large park. Only 2 miles from Aurora medical complex and I-225 via Alameda Ave. Upside in rents and utility bill back for gas, water, and trash.
| Price History | |
|---|---|
| 7/31/2024 | Listed $5,900,000 |
| 4/8/2025 | 4$5,700,000 |
| 5/29/2026 | 6$5,400,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Sewer Connected |
| Roof | Composition |
| Security Features | Carbon Monoxide Detector(s),Closed Circuit Camera(s),Security Lights,Security System,Smoke Detector(s) |
| Construction Materials | Brick |
| Year Built | 1967 |
| Tenant Pays | Electricity,Internet,Telephone |
| Property Subtype | Multi Family |
| Tax Year | 2023 |
| Current Use | Multi-Family |
| Gross Income | 512373 |
| OwnerPays | Gas,Taxes,Trash Collection,Water |
| Building Name | Colony House Apartments |
| County | Arapahoe |
| Operating Expense | 170285 |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Status | Active |
| City | Aurora |
| Number Of Units Total | 37 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 27007.2 |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 26536 |
| Leasable Area | 26520 |
| Lease Considered Y/N | No |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Cap Rate | 6 |
Exterior Features
| Exterior Amenities | Lighting |
|---|---|
| Parking Features | Asphalt,Lighted |
| Lot Features | Corner Lot,Near Public Transit |
| Water Source | Public |
| Total Parking | 35 |
| Lot Size Area | 0.62 |
| Building Area Total | 28048 |
| Lot Size Acres | 0.62 |
| Road Surface Type | Paved |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 80011
Price
Taxes
Year Built
Visits
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