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Buying In Aurora, CO

Sell Your Commercial Property In Aurora, CO

Skyline Capital Investments buys commercial apartment buildings of 5+ units in Aurora and across Arapahoe County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.

  • Clear feedback on your deal, typically within 48 hours
  • 5 to 100+ units, stabilized or distressed, listed or off-market
  • Owners, agents, and brokers welcome — every conversation is confidential

We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits

Where We Look: Fitzsimons · Havana Street corridor · Southlands · Aurora Highlands — Arapahoe County, Adams County, and Douglas County, CO

Why Aurora

Why We Buy Multifamily In Aurora

Aurora, Colorado has 54,627 renter households and a $1,835 median gross rent, according to ACS 2020-2024 estimates. Aurora's renter share is 37.6%, above Colorado's 33.8%. Nearly 30% of Aurora's housing units sit in buildings with five or more units.

If you plan to sell commercial property in Aurora, CO, this profile covers the numbers buyers ask about first. It includes HUD's FY2027 fair market rents and a worked Arapahoe County tax example on a $2 million building. It also lists the Colorado deposit and eviction rules that follow a sale. Demand comes from the Anschutz Medical Campus, Buckley Space Force Base and airport jobs at Denver International Airport.

01

Anschutz Medical Campus

The CU Anschutz campus in Aurora serves over 4,600 students, and its two hospitals see more than 3 million patient visits, per the university catalog.
02

Buckley Space Force Base

The Space Force's April 2024 Space Base Delta 2 fact sheet counts 3,000 active-duty members and 2,400 civilians at Buckley Space Force Base.
03

Denver International Airport jobs

Denver International Airport says approximately 40,000 people work at DEN, one of the largest job generators in Colorado.

Our Buy Box

What We Buy In Aurora

Full Buy Box

Asset Type

Multifamily, 5+ Units

Apartment buildings and income-producing residential.

Size

5 – 100+ Units

Sweet spot: 15–25 units.

Condition

Stabilized To Distressed

Value-add, mismanaged, and high-vacancy properties welcome.

Deal Types

Listed Or Off-Market

Direct-to-owner, pocket listings, portfolios.

Local Market Data

Aurora Apartment Market

Figures gathered October 2026 from public market data.

394,432 Population Aurora city, ACS 2020-2024
54,627 Renter households 37.6% of occupied homes vs 33.8% in Colorado
$1,835 Median gross rent Aurora, ACS 2020-2024; Colorado $1,761
44,930 Homes in 5+ unit buildings 29.5% of Aurora housing units
5.3% Rental vacancy rate Aurora, ACS DP04; Colorado 5.1%
98.232 2025 mills, tax area 0002 Arapahoe County, incl. 73.186 school mills

Who rents in Aurora: 54,627 renter households

Aurora has 54,627 renter households, or 37.6% of its 145,310 occupied homes, in ACS 2020-2024 tenure data. Colorado's renter share is 33.8% in the same survey. Aurora's 394,432 residents live across parts of Arapahoe, Adams and Douglas counties.

Aurora counts 44,930 homes in buildings with five or more units, 29.5% of its 152,377 housing units, per ACS table B25024. Colorado's five-plus share is 22.6%. Of those Aurora units, 10,598 sit in buildings of 50 or more units.

Aurora's median year built is 1985, and 36.9% of homes predate 1980. Rental vacancy is 5.3% in Aurora versus 5.1% statewide, per ACS profile table DP04. Owners who sell commercial real estate in Aurora, CO meet buyers who price that older stock line by line.

Rents and affordability: $1,835 median gross rent

Aurora's median gross rent is $1,835 a month in ACS 2020-2024 estimates, above Colorado's $1,761. Countywide medians are $1,891 in Arapahoe, $1,781 in Adams and $2,193 in Douglas, per the same table by county. Aurora's median household income is $88,368, below the state's $95,470.

In Aurora, 58.1% of renter households spend 30% or more of income on gross rent, per ACS table B25070. Within that group, 30.5% of all renter households spend half or more. Colorado's 30%-plus share is 50.4%.

HUD's FY2027 fair market rents apply one schedule to all three counties, the Denver-Aurora-Centennial, CO MSA, per the HUD FMR documentation. Anyone selling commercial property in Aurora can compare a rent roll by bedroom count against this table.

Unit sizeHUD FY2027 FMR
Studio$1,751
1 bedroom$1,831
2 bedrooms$2,169
3 bedrooms$2,846
4 bedrooms$3,183

Property taxes in Arapahoe County: $13,449.98 on $2 million

A $2,000,000 Aurora apartment building in Arapahoe County tax area 0002 works out to $13,449.98 for tax year 2025. Arapahoe's 2025 levy schedule lists 98.232 total mills for that area. That includes 73.186 mills for Aurora School District 28J and 7.087 mills for the City of Aurora.

  • Local assessed value: $2,000,000 x 6.25% = $125,000, times 25.046 non-school mills = $3,130.75.
  • School assessed value: $2,000,000 x 7.05% = $141,000, times 73.186 mills = $10,319.23.
  • Total: $13,449.98, an effective rate of 0.672% of actual value.

The 6.25% and 7.05% residential rates come from the state's 2025 property tax guide. Arapahoe County revalues real property every odd-numbered year, and the June 8 appeal date appears in its 2026 guide. Parcels in Cherry Creek 5 carry a different school levy of 54.108 mills, per the 2025 abstract of levies. When owners sell commercial property in Aurora, CO, buyers underwrite taxes from each parcel's own tax area.

Landlord rules: a two-month deposit cap and no local rent control

  • Rent control: C.R.S. 38-12-301 bars any county or municipality from enacting an ordinance that would control rent on private residential housing.
  • Deposits: a deposit cannot exceed two months' rent, and it must be returned within one month, or up to 60 days if the lease says so, per the Colorado Legislative Council renters' rights summary.
  • Sale: when a building changes hands, tenant deposits must transfer to the new owner or be returned, under C.R.S. 38-12-103(4).
  • Eviction: since HB24-1098, a landlord needs cause under C.R.S. 38-12-1303 before serving a notice to terminate.

What it means if you sell commercial property in Aurora, CO

Aurora pairs a 37.6% renter share with a $1,835 median gross rent, so buyers focus on collections and pre-1980 capital needs. To sell your apartment building in Aurora, bring the rent roll, deposit ledger, Arapahoe tax-area code and repair records together.

Test pricing with our cap rate calculator. Skyline Capital Investments buys five-plus-unit buildings; start on our apartment seller page.

Seller Notes

What Shapes A Aurora Offer

More about selling in Colorado →
Investing in Aurora? See apartment syndications in Aurora →
  • Aurora's 2025 tax example in Arapahoe tax area 0002 totals $13,449.98 on a $2 million value.
  • Owners who sell commercial real estate in Aurora, CO must transfer or return each tenant deposit when ownership changes.
  • With 36.9% of Aurora homes built before 1980, buyers price roofs, plumbing and heating separately.

Learn More

Taxes & Rules For Aurora Property

The Colorado rules that shape any deal in Aurora: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.

Aurora Seller FAQ

How do I sell commercial property in Aurora, CO with tenants in place?

Start with leases, a collection history and the deposit ledger. Colorado law requires tenant deposits to move to the new owner or go back to tenants when a building sells. Since HB24-1098, landlords also need cause before serving a notice to terminate, so plan an Aurora sale around the units that are occupied.

What do buyers check when I sell commercial real estate in Aurora, CO?

Buyers look at collected rent against Aurora's $1,835 median gross rent and HUD's FY2027 fair market rents, such as $2,169 for a two-bedroom. They also price building age. Aurora's median year built is 1985, and 36.9% of homes predate 1980, so roof, plumbing and heating records carry weight.

How much property tax does a $2 million Aurora apartment building pay?

In Arapahoe County tax area 0002, the 2025 math gives $13,449.98. That uses 6.25% and 7.05% residential assessment rates with 25.046 non-school mills and 73.186 school mills for Aurora School District 28J. Parcels in Cherry Creek 5 or in the Adams and Douglas County parts of Aurora use other levies.

Can Aurora limit how much I raise the rent?

No local rent cap applies to private housing in Aurora. C.R.S. 38-12-301 bars any Colorado county or municipality from enacting an ordinance that would control rent on private residential property. State deposit rules still apply: a deposit cannot exceed two months' rent and must be returned within one month, or 60 days if the lease allows.

Who buys apartment buildings in Aurora with five or more units?

Skyline Capital Investments buys five-plus-unit buildings across Aurora, Colorado. Owners who want to sell multifamily property in Aurora can share a rent roll, expense history and Arapahoe, Adams or Douglas County tax bill. Aurora holds 44,930 homes in five-plus-unit buildings, 29.5% of its housing units, a large share of the city's rental stock.

Do I need to fix up my Aurora building before selling?

No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.

Do you work with Aurora brokers and agents?

We do. Agents can bring us listed or pocket-listing deals in Aurora, and we keep every conversation confidential.

Can I sell rental property in Aurora with tenants in place?

Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.

How fast can I sell my apartment building in Aurora?

Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.

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