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Park Place at Expo 10785 E Exposition Ave Immeuble residentiel 319 lots À vendre Aurora, CO 80012



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Revere Deal Room - https://platform.reverecre.com/project/3f99cad3-9f9e-4780-bf68-460fd0139aa9
- Highly accretive assumable loan featuring a fixed 4.26% interest rate, 70%+ loan-to-value, and full-term interest-only through December 2028.
- With vacancy now elevated at roughly 34%, the asset offers more than $1.15 million in potential effective income growth once occupancy normalizes.
- The property offers a 51% discount to the cost of homeownership based on nearby single-family and condo sales within one mile.
RÉSUMÉ ANALYTIQUE
Marcus & Millichap is pleased to present Park Place at Expo Apartments, a 319-unit multifamily community located at 10785 E Exposition Avenue in Aurora, Colorado.
Originally built in 1971, Park Place at Expo offers residents a thoughtfully updated living experience with strong connectivity to major employment hubs, recreational
amenities, and regional thoroughfares. The property is comprised of five buildings situated on a 9.2-acre parcel, combining scale, accessibility, and lifestyle appeal. Park
Place at Expo Apartments features a diverse unit mix consisting of 46 studio units averaging 423 square feet, 178 one-bedroom units averaging 527 square feet, and 95
two-bedroom units averaging 788 square feet. The community showcases an attractive blend of classic design and modern upgrades, with interior finishes including hard
surface vinyl flooring, contemporary shaker cabinets, updated countertops, new white appliances, modern fixtures, and more. These upgrades enhance the overall
living experience and position the property competitively within the market.
Residents at Park Place at Expo enjoy an extensive amenity package designed to support a well-rounded live-work-play lifestyle. Community features include a business
center with complimentary wi-fi, clubhouse, fitness center, multiple grilling stations and picnic areas, package service, playground, swimming pool, and basketball court.
The property also offers significant surface parking for resident convenience. Beyond the community, residents benefit from direct access to Expo Park which is adjacent to the property, a 57-acre public amenity featuring an 18-hole disc golf course, softball fields, tennis courts, a playground, and walking paths that connect to the regional High Line Canal Trail and Westerly Creek Trail.
Park Place at Expo Apartments further benefits from excellent connectivity, with direct access to major thoroughfares such as I-25 and I-225. Its location off South
Havana Street provides residents with seamless access to east/west routes including East Mississippi Avenue and East Alameda Avenue, offering convenient connections to major employment centers, retail corridors, and entertainment destinations throughout the Denver metro area.
With its combination of scale, upgraded interiors, comprehensive amenity offerings, adjacency to a premier community park, and connectivity to major employment and
lifestyle hubs, Park Place at Expo Apartments represents an outstanding multifamily acquisition opportunity in one of Aurora’s most dynamic submarkets.
Originally built in 1971, Park Place at Expo offers residents a thoughtfully updated living experience with strong connectivity to major employment hubs, recreational
amenities, and regional thoroughfares. The property is comprised of five buildings situated on a 9.2-acre parcel, combining scale, accessibility, and lifestyle appeal. Park
Place at Expo Apartments features a diverse unit mix consisting of 46 studio units averaging 423 square feet, 178 one-bedroom units averaging 527 square feet, and 95
two-bedroom units averaging 788 square feet. The community showcases an attractive blend of classic design and modern upgrades, with interior finishes including hard
surface vinyl flooring, contemporary shaker cabinets, updated countertops, new white appliances, modern fixtures, and more. These upgrades enhance the overall
living experience and position the property competitively within the market.
Residents at Park Place at Expo enjoy an extensive amenity package designed to support a well-rounded live-work-play lifestyle. Community features include a business
center with complimentary wi-fi, clubhouse, fitness center, multiple grilling stations and picnic areas, package service, playground, swimming pool, and basketball court.
The property also offers significant surface parking for resident convenience. Beyond the community, residents benefit from direct access to Expo Park which is adjacent to the property, a 57-acre public amenity featuring an 18-hole disc golf course, softball fields, tennis courts, a playground, and walking paths that connect to the regional High Line Canal Trail and Westerly Creek Trail.
Park Place at Expo Apartments further benefits from excellent connectivity, with direct access to major thoroughfares such as I-25 and I-225. Its location off South
Havana Street provides residents with seamless access to east/west routes including East Mississippi Avenue and East Alameda Avenue, offering convenient connections to major employment centers, retail corridors, and entertainment destinations throughout the Denver metro area.
With its combination of scale, upgraded interiors, comprehensive amenity offerings, adjacency to a premier community park, and connectivity to major employment and
lifestyle hubs, Park Place at Expo Apartments represents an outstanding multifamily acquisition opportunity in one of Aurora’s most dynamic submarkets.
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Surface du lot | 3,47 ha |
| Nb de lots | 319 | Surface de l’immeuble | 19 154 m² |
| Type de bien | Immeuble residentiel | Nb d’étages | 3 |
| Sous-type de bien | Appartement | Année de construction | 1971 |
| Style d’appartement | Avec jardin | Ratio de stationnement | 0,23/1 000 m² |
| Classe d’immeuble | C |
| Type de vente | Investissement |
| Nb de lots | 319 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | Avec jardin |
| Classe d’immeuble | C |
| Surface du lot | 3,47 ha |
| Surface de l’immeuble | 19 154 m² |
| Nb d’étages | 3 |
| Année de construction | 1971 |
| Ratio de stationnement | 0,23/1 000 m² |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Prêt pour le câble
- Lave-vaisselle
- Broyeur d’ordures
- Planchers en bois
- Accès internet à haut débit
- Réfrigérateur
- TV satellite
- Four
- Cuisinière
- Vues
- Dressing
CARACTÉRISTIQUES DU SITE
- Centre d’affaires
- Cour
- Centre de fitness
- Laverie
- Aire de pique-nique
- Aire de jeux
- Terrain de tennis
- Clôturé
- Terrain de basketball
- Grill
- Service de blanchisserie
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| Studios | 47 | - | 39 |
| 1+1 | 176 | - | 45 - 56 |
| 2+1 | 90 | - | 69 - 82 |
| 2+2 | 6 | - | 100 |
1 1
Bike Score®
Très praticable en vélo (74)
TAXES FONCIÈRES
| Numéro de parcelle | 1973-14-2-14-002 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 2 404 662 € |
TAXES FONCIÈRES
Numéro de parcelle
1973-14-2-14-002
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
2 404 662 €
1 sur 23
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Park Place at Expo | 10785 E Exposition Ave
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