California Building

2950 S. Jamaica Court Aurora CO



Property Pictures

Historical Performance Details

  • Acquisition DateJuly, 1995
  • Total Project Size34,000 SF
  • Acquisition Price$525,000
  • Add. Capital Costs$100,000
  • Total Cost$625,000
  • Cost PSF$18.38
  • StatusSold - Jul, 2000
  • Sale Price$1,850,000
  • Sale Price / SF54.41
  • Ave. Annual Return144%

  • Value added by renovating common areas with new carpet, upgraded light fixtures and wall coverings.  Lobby area and bathrooms renovated with new floor tile and wall coverings
  • Increased occupancy from 50% to 90% within 12 months after acquisition
  • Increased NOI over $120,000 in same time period


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Contact Leasing

Email: leasing@matrixgroupinc.com
Phone: 303.333.7500