# 1391 Lima St, Aurora, CO 80010 > **TL;DR:** commercial, $1,200,000, built 1965. > A/C. Est. $6,418/mo. Listed 343 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,200,000 | | Year Built | 1965 | | Lot Size | 6,098 sqft (0.14 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 343 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,068 | | Estimated Insurance | $350 | | **Total** | **$6,418** | ## Nearby Schools - **Elementary:** Kenton - **High:** Aurora Central ## Key Amenities - A/C ## Property Highlights - Built in 1965 - 0.14 acre lot ## Description ### Agent Description Located in the heart of the rapidly growing Delmar Parkway neighborhood, this 8-unit multifamily is in a prime position to take advantage of Aurora's expected 40% growth by 2050. It's currently operating at a strong 6.5% actual cap rate, but simple adjustments like modest rent increases and adding a utility billback system would raise returns to at least 7.4%. With Anschutz Medical Campus just minutes away, this property is ideal for mid-term rentals catering to traveling nurses, providing the chance for even greater returns. Each unit has been updated with modern finishes and newer appliances, offering a turnkey experience for a new owner. Major recent upgrades include a 25-year Class 4 impact-resistant roof and a radon mitigation system completed in 2021. The building offers secure access, on-site laundry, and private basement storage for each unit. With a Walk Score of 83, tenants have easy access to restaurants, coffee shops, and grocery stores. With great cash flow and plenty of upside, this property is a rare find in one of Aurora's hottest neighborhoods. ## Location - **Address:** 1391 Lima St, Aurora, CO 80010 - **County:** Arapahoe - **Neighborhood:** Aurora Heights - **Coordinates:** 39.738141, -104.856777 - **Google Maps:** https://www.google.com/maps?q=39.738141,-104.856777 ## Listing Agent - **Name:** Valerie Cannistraro - **Brokerage:** LoKation Real Estate - **Phone:** 3036181171 - **Broker Phone:** (720) 370-3878 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/IRESCO/1045199/?channel=propsimple) ## Photos ![1391 Lima St - Photo 1](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f394250254r.jpg) ![1391 Lima St - Photo 2](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f411230637r.jpg) ![1391 Lima St - Photo 3](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f263683649r.jpg) ![1391 Lima St - Photo 4](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f475603674r.jpg) ![1391 Lima St - Photo 5](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f227085796r.jpg) ![1391 Lima St - Photo 6](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f1390819267r.jpg) ![1391 Lima St - Photo 7](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f2255963201r.jpg) ![1391 Lima St - Photo 8](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f3409591465r.jpg) ![1391 Lima St - Photo 9](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f2647704906r.jpg) ![1391 Lima St - Photo 10](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f766409517r.jpg) ![1391 Lima St - Photo 11](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f1373770573r.jpg) ![1391 Lima St - Photo 12](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f575836421r.jpg) ![1391 Lima St - Photo 13](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f2990991629r.jpg) ![1391 Lima St - Photo 14](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f2470902009r.jpg) --- **MLS#:** 1045199 | **Updated:** 2026-09-02 **Source:** listhub *Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1391-lima-st-aurora-co-80010-1045199) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1391-lima-st-aurora-co-80010-1045199#listing", "url": "https://www.propertysimple.ai/listing/1391-lima-st-aurora-co-80010-1045199", "name": "1391 Lima St, Aurora, CO 80010", "description": "Located in the heart of the rapidly growing Delmar Parkway neighborhood, this 8-unit multifamily is in a prime position to take advantage of Aurora's expected 40% growth by 2050. It's currently operating at a strong 6.5% actual cap rate, but simple adjustments like modest rent increases and adding a utility billback system would raise returns to at least 7.4%. 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