For Sale Multi-Family MLS# 5083413

560 Dayton Street

Aurora, CO 80010

$2,400,000

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About 560 Dayton Street

Marcus & Millichap is pleased to present 560 Dayton St, a 17-unit multifamily investment opportunity located in the desirable Aurora submarket of the Denver metropolitan area. The property consists of an attractive mix of (6) one-bedroom, (5) two-bedroom, and (6) three-bedroom apartments, providing investors with larger than- average unit layouts that continue to experience strong demand from Denver area renters. Offered at $2,400,000, the property delivers an attractive 6.46% Day One Cap Rate while featuring one of the most compelling financing opportunities currently available in today’s multifamily market.

The offering includes the assumption of an existing Freddie Mac Small Balance Loan with approximately 90% loan-to-value financing, a fixed 5.77% interest rate, and interest-only payments through November 2029. This highly favorable debt structure allows investors to generate an estimated 13% Day One Cash-on-Cash Return, creating immediate yield that is rarely available in today’s lending environment while requiring significantly less upfront equity.

Ideally positioned just east of Downtown Denver, the property benefits from convenient access to Interstate 225, Interstate 70, the Anschutz Medical Campus, Lowry, Fitzsimons Innovation Community, Buckley Space Force Base, and Denver’s largest employment corridors. The combination of a desirable location, spacious unit mix, and highly attractive assumable financing creates a rare opportunity for investors to acquire a cash-flowing asset with meaningful operational upside. By continuing to stabilize the property during the remaining interest-only loan term, future ownership will be well positioned for a refinance or sale upon loan maturity.

Property details

Property

Type
Quadruplex
MLS type
Residential Income
Status
Active
Year built
1961
Stories
1
Living area
10,595 sqft
Price / sqft
$227
MLS #
5083413

Interior

Features
Finished
Heating
Hot Water
Cooling
Other

Exterior & lot

Roof
Composition

Schools

District
Adams-Arapahoe 28J
Elementary
Fulton
Middle
Aurora Highlands
High
Aurora Central

Utilities

Sewer
Public Sewer

Financial

Annual tax
$17,149
Parcel
031110815
Special conditions
None Known

Location

Subdivision
Aurora Central North Apts 1973
County
Arapahoe

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Listed by Charles Burkhart, Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

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