1467 Joliet Street Unit

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Sold Aurora, CO 80010 MLS# 1855101 Sold by Michelle Thomas on 04/23/2019
$1,200,000
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Commercial Property Type
0.20 Acres
4169.00 Sq Ft
1952 Year Built
Apartment 9-20 Units Zoning

Overview

8% Cap Rate! Excellent 9 unit apartment building located in North Aurora just minutes away from the Anschutz Medical Campus, Stapleton, Lowry and a straight shot down Colfax Avenue into Downtown Denver. Contact listing agent, Michelle Thomas for details: 720.515.6464. Strong leases are in place. Excellent Cash Flow and all units have been updated. This well-maintained brick building includes a parking lot with 9 spaces, onsite washer and dryer, and a newer boiler system less than 4 years old. Easy access to public transportation.

New Home Sales Hours

Courtesy Of Keller Williams Realty Downtown LLC
Source: REcolorado

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Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? Yes
    • Basement Partial,Unfinished,Walk-Out Access
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 4,169
    • Living Area, Finished 3,869
    • Above grade, Finished 3,869
    • Basement, Finished 0
    • Basement, Unfinished
    • PSF Total $287.84
    • PSF Finished $310.16
    • PSF Above Grade $310.16
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Washer/Dryer
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions Tenant Personal Property
    • Flooring
    • Furnished
    • Interior Features
    • Laundry Availability Common Area,In Basement
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 9
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 14
    More Room Details

    Unit Information

    Summary

    • Number of Units 9
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details
    • Unit Type 3 Bedroom
    • Total Units 1
    • Average Rent 2119.00
    • Average SqFt 600.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 1
    • Unit Type 1 Bedroom
    • Total Units 1
    • Average Rent 1040.00
    • Average SqFt 550.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 1
    • Unit Type 1 Bedroom
    • Total Units 1
    • Average Rent 1040.00
    • Average SqFt 500.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 1
    • Unit Type 1 Bedroom
    • Total Units 1
    • Average Rent 900.00
    • Average SqFt 500.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 1
    • Unit Type 1 Bedroom
    • Total Units 1
    • Average Rent 1040.00
    • Average SqFt 500.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 1
    • Unit Type 2 Bedroom
    • Total Units 1
    • Average Rent 1389.00
    • Average SqFt 600.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 1
    • Unit Type 2 Bedroom
    • Total Units 1
    • Average Rent 1322.00
    • Average SqFt 600.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 1
    • Unit Type 1 Bedroom
    • Total Units 1
    • Average Rent 1040.00
    • Average SqFt 500.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 1
    • Unit Type 2 Bedroom
    • Total Units 1
    • Average Rent 1319.00
    • Average SqFt 600.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit 1

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories
    • Structure Type
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Brick
    • Foundation Details Slab
    • Roof Rolled/Hot Mop
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.20
    • Lot Size Dimensions
    • Lot Size SqFt 8,494
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $6,000,000
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility
    • Road Surface

    Parking/Garage

    Parking Space Summary

    Parking Features
    Parking Lot

    • Total Parking Spaces 9
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 9
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling Air Conditioning-Room
    • Green Energy Efficient
    • Heating Forced Air,Hot Water
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities Coin Laundry
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed Long Term,Short Term Lease
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 8.70
    • Cap Rate Calculation Actual Net Operating Income/List Price
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $23,820
    • Operating Expense Includes Fuel,Insurance,Maintenance,Other,Real Estate Tax,Utilities
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Commission Information
    • Buyer Agency Compensation 2%
    • Transaction Broker Compensation
    • Compensation Offered
    • Dual Variable Compensation Yes
    • Commission Modified NA
    • Closing Comments
    Income details
    • Actual Annual Net Income $104,251
    • Gross Income $128,071
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $320
    • Potential Rental Income Annual $131,317
    • Projected Annual Expense $33,012
    • Projected Annual Net Income $98,305
    • Projected Gross Income $131,317
    • Projected Gross Operating Income $131,637
    • Vacancy Credit Losses 6911
    Tax details
    • Annual Tax $3,278
    • Legal Description LOTS 41-42 & S 20 FT OF 43 BLK 13 AURORA EX W 8 FT
    • Tax Exemptions
    • Tax ID 031074525
    • Tax Year 2017
    Other
    • Tenant Pays
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision North Aurora
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent Located off of Colfax and Joliet, titled the Bel-Air Apartments
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use
    • Incorporated? No
    • Zoning Apartment 9-20 Units
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $1,200,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership Individual
    • Possession
    • Special Listing Conditions None Known
    • Year Built 1952

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    School Zone

    District: Adams-Arapahoe 28J
    Schools: Kenton Elementary School, Aurora Central High School, East Middle School

    Area Map

    Walk Score

    Bike Score

    Bike Score

    0 description
    Transit Score

    Transit Score

    0 description summary
    Walk Score

    Walk Score

    0 description
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