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15300 East Arizona Avenue, Aurora, Colorado

$450,000Active

15300 East Arizona Avenue, Aurora, Colorado 80017
RE/MAX ALLIANCE - MLS® ID: 2525961

Property Details

15300 East Arizona Avenue, Aurora, Colorado 80017 - Land with an approved site plan for 18 unit Apartment Complex. Construction plans will be included in the sale price. Plans are done, but need to be updated to 2015 code and then you can submit for building permit. Seller also has a $158,000 credit towards water connection fees, that can be purchased in addition to the list price. No attached or underground parking is required for this project, which will also reduce costs. Very similar units renting for $1300 per month. Projects out to be a 7.5% cap after estimated construction costs, land costs and units are leased.

Amenities

  • Zip80017
  • CountyArapahoe
  • StatusActive
  • Purchase TypeActive
  • Property typeVacant Land
  • Zoning typeRR2M
  • School districtAdams-Arapahoe 28J
  • Lot size0.70
  • SewerPUBLIC
  • Tax amount$1,997.00
  • Tax year2016
  • Office ID0185B
  • Agent ID043526
  • Agent nameJesse Truman
  • MLS® ID2525961

Broker: RE/MAX ALLIANCE

Listing Courtesy of RE/MAX ALLIANCE

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“Bob Maiocco exceeded our expectations on every level. Not only does Bob have a very solid knowledge of the real estate market, his negotiating skills are second to none. Bob has a calm and even demeanor when dealing with sometimes stressful situations that can arise when buying or selling real estate. We could not have asked for a more strategic partner to help us navigate the process of making our largest financial purchase.”

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