Property

Property Description

Pinnacle Real Estate Advisors is pleased to present 1677 Geneva Street, a well-maintained 12-unit apartment community located in Aurora, Colorado. Offered at $1, 375, 000, the property presents an attractive opportunity to acquire a well-positioned multifamily asset with current cash flow and additional upside through continued unit improvements and operational efficiencies. The property features an even mix of (6) one-bedroom and (6) two-bedroom units, with generously sized floor plans and ample storage. The majority of units have been updated with newer flooring, cabinetry, updated bathrooms, and paint, providing a strong foundation for continued value creation. 1677 Geneva Street features a pitched composite-shingle roof, newer vinyl windows, off-street parking, and on-site laundry facilities. Its convenient location provides residents with easy access to Colfax Avenue retail, restaurants, and services, while also offering a short commute to the Anschutz Medical Campus, one of the region’s largest employment centers. Aurora continues to experience significant population and economic growth, supported by expanding employment, infrastructure investment, and demand for attainable housing. With its convenient location, desirable unit mix, existing amenities, and potential for further rental and operational upside, 1677 Geneva Street represents an excellent opportunity for an investor seeking a well-located multifamily asset in one of the Denver metro’s growth markets. • Excellent Aurora Location (One Mile from Stanley Marketplace and One Mile from Anschutz Medical Campus) • Great Unit Mix of (6) One-Bedroom / One-Bath Units and (6) Two-Bedroom / 1-Bathroom Apartments • 13 Off-Street Parking Spaces • On-Site Coin-Operated Laundry • Well-Maintained Building with Significant Capital Improvements • Majority of Units Have Already Been Updated