REO Sale | Santa Fe Trails | Value-Add Multifamily

$1,200,000 Starting Bid

Auctioneer: Lamar P. Fisher

Auctioneer Company: Fisher Auction Company Inc.

Auctioneer License: Internet Auctions Exempt from Licensing

Berkadia, in conjunction with RealINSIGHT Marketplace, presents for sale Santa Fe Trails, a compelling value-add opportunity located in Aurora, CO. Originally built in 1971, unit renovations and building improvements have been fully completed on 18 units in one of the three buildings at the Property, leaving 36-units for investors to renovate. These units are currently vacant, allowing for an efficient renovation timeline and limiting the impact of construction on existing tenants.

The Property’s diverse mix of one-, two-, and three-bedroom units serves a broad resident base drawn by significant healthcare, aerospace, military, and airport-related employment hubs in the immediate area. Aurora’s key employment centers are all nearby allowing new ownership to benefit from access to a deep and diverse renter pool. Anschutz Medical Campus (30,000 employees), Raytheon (2,400 employees), Buckley Space Force Base (3,000 personnel), and Denver International Airport (40,000 jobs) are all conveniently accessible from the Property, helping drive consistent housing demand from healthcare, aerospace, military, and airport-related employees. Residents further enjoy convenient proximity to abundant retail and daily-needs amenities, with numerous options within walking distance.

Santa Fe Trails presents a unique opportunity for investors to capitalize on the strong demand drivers for attainable housing in this quickly growing location.

Leasing and Renovation Tailwinds

1 of 3 buildings (18 of 54 units) were fully renovated in 2025, presenting immediate cash flow

Value-Add Opportunity Through Renovations

Completing the renovation and lease-up of 36 vacant units offers a meaningful value add opportunity.

Attractive Housing Option Within Aurora

Santa Fe Trails' accessibility positions it to satisfy sustained, durable renter demand.

Surrounded by Extensive Convenience Amenities

Residents enjoy convenient access to nearby shopping, dining, and daily-needs retailers.

Immediate Connectivity to Employment Drivers

Located near several key employers the property benefits from access to a diverse renter pool