1331 Xanadu

About This Home

Turnkey quadplex investment in the heart of the Anschutz Medical District, just one and a half blocks south of the Anschutz Medical Campus, VA Hospital, and Children’s Hospital. This high-demand rental location supports consistent occupancy and quality tenants, with the property typically fully leased and operating at an approximate 6% cap rate.\r The asset has undergone extensive recent capital improvements, significantly reducing near-term cap-ex risk. Major upgrades include a brand-new roof (2025), new gutters, downspouts, and gutter guards (June 2025), updated kitchens with newer appliances (2022), updated bathrooms (2022), new central A/C units (2022), and new garage doors and openers (2022). Most main-floor windows were replaced between 2022–2023.\r All four ranch-style units feature fully finished basements, private fenced yards, and detached garages with additional driveway parking—high-value amenities that support strong rent levels and tenant retention. The layout and features offer rent upside as the surrounding area continues to redevelop and as in-place rents trend toward market.\r Located in a rapidly growing corridor with new hotels, restaurants, and medical-driven employment, the property benefits from excellent long-term demand fundamentals. Convenient access to the light rail station at Colfax and I-225further enhances tenant appeal and future appreciation potential.\r A compelling opportunity for investors seeking stable cash flow, low maintenance, and upside potential in one of Aurora’s strongest rental submarkets.