1391 Lima Street

Your opportunity for passive wealth building - the Vermont Apartments has been meticulously maintained by private owner. It is an 8-unit property offering significant upside potential for investors due to under market rents. The building features a Class 4 Shingle 25-year roof and professional radon mitigation system both installed in 2021. Each unit has undergone interior renovations with updated appliances as needed. Each unit includes a personal storage closet, and the building offers secure and private entry. On-site laundry facilities are located on the lower level. 6.2% cap rate includes management fee in expenses. It is located just minutes from the Anschutz Medical Facility as well as the City of Aurora's master plan for the Fitzsimons Village redevelopment project. Tenants enjoy a prime location with a Walk Score of 83, providing easy access to local amenities such as restaurants, coffee shops, and grocery stores. Call to schedule a showing.

Listing Office: RE/MAX ALLIANCE