1433, 1451 And 1463 Macon Street – Aurora, CO 80010

Kenai Capital Advisors (“Kenai”), as exclusive advisor to the seller, is pleased to present the opportunity to acquire the fee simple interest in the Macon Street Portfolio, located at 1433, 1451 and 1463 Macon St, Aurora, Colorado 80010 (“Portfolio”). The Portfolio is a 33-unit, 20,325 SF collection of three adjacent multifamily buildings in the East Aurora submarket, just south of East Colfax Avenue. The Portfolio offers investors a rare chance to acquire three contiguous Class C walk-up apartment buildings, built between 1962 and 1971, through a single transaction. Together the buildings sit on roughly 0.58 acres. Common ownership lets one operator capture efficiencies in management, leasing, maintenance and capital planning that are hard to find in a submarket dominated by small, fragmented assets. The unit mix consists of 31 one-bedroom units ranging from 525 to 619 SF and two two-bedroom units, complemented by off-street parking. Offered through a lender-directed sale, the Portfolio provides a basis at a fraction of the estimated replacement cost and below recent vintage multifamily trades in the area.

The Portfolio presents a clear, self-directed value-add opportunity. Roughly two-thirds of the units are currently vacant, so new ownership can renovate and lease directly to market rather than waiting for natural turnover. There is no RUBS or utility billback program in place, and two of the three buildings are individually metered. Recovering utility costs and introducing professional management give a buyer additional NOI upside beyond rent growth.

The Portfolio sits roughly six blocks from the Fitzsimons/Anschutz Medical Campus, one of Colorado’s largest employment centers with more than 30,000 workers, including Children’s Hospital Colorado. Residents have direct access to East Colfax Avenue, I-225 and the RTD R Line, which connects to downtown Denver and the broader metro. Stanley Marketplace, Lowry and Town Center at Aurora are each just minutes away. The Macon Street Portfolio delivers an attractive opportunity for investors seeking scale, a discounted basis, and a clear value-add path in one of the Denver metro’s most established infill corridors.

Link to the Data Room & Confidentiality Agreement:

Lender-Owned | Value Add Multifamily | Denver MSA | RI Marketplace