2950 S Jamaica Ct, Aurora, CO 80014

Description

Value added by renovating common areas with new carpet, upgraded light fixtures and wall coverings.? Lobby area and bathrooms renovated with new floor tile and wall coverings Increased occupancy from 50% to 90% within 12 months after acquisition Increased NOI over $120,000 in same time period

Details

Cost PSF
$18.38
Sale Price
$1,850,000
Total Cost
$625,000
Acquisition Date
July, 1995
Add. Capital Costs
$100,000
Sale Date
July, 2000
Total Project Size
34,000
Sale Price / SF
$54.41
Avg Annual Return
144%
Acquisition Price
$525,000