Overview
Capstone is pleased to present 1900 S Chambers Rd, a 2.00 acre parcel that includes entitlements for 51 multifamily units located in Aurora, Colorado.
Investment Highlights
- Property includes entitlements for 51 multifamily units.
- Significant site work already completed - grading, water service, water quality system.
- No planned, prospective, or under construction multifamily projects within 2 miles.
- Low supply of existing multifamily (80's vintage 0.25mi away is achieving $2.40 SF rents & 99% occupancy).
- Aurora-Southwest submarket currently experiencing 17.7% rent growth and 96.2% occupancy.