Aurora Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Aurora, Colorado
Aurora: In the Spotlight
Aurora, Colorado is located just 8 miles from its sister city of Denver and is part of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area. The population of Aurora is just over 369,000, making it the 3rd most populous city in the State. It also covers about 154 square miles. Aurora is known as the “gateway to the Rockies” and is the most culturally diverse city in the state.
- The unemployment rate is relatively low, around 7.1%.
- The median household income is $65,100.
- The median age in Aurora is 34 years old
- Aurora employs over 191,000 residents
Aurora Apartment Loan and Multifamily Property Facts
Aurora is part of the Colorado market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
- Aurora has a moderate vacancy rate of just a little over than 4% across all rental properties
- There has been a marginal rent increase, to $1,487 per month from the last year.
- The homeownership rate is roughly 59%, which leaves around 41% of residents looking for rental properties.
Although 2020 was a difficult time in Aurora, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Aurora Apartment Loan and Lending Options
In Aurora, Colorado there are several different ways that you can finance your new apartment investment. We work with opportunities like:
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Finance Your Aurora Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Aurora, CO. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Aurora is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Aurora Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.