Aurora Property Management
What you need to know about Aurora property management and real estate investing
Pros and Cons of Owning Aurora Investment Real Estate
Up until a few years ago we did NOT recommend Aurora as a strong long-term investment area.
This was due to dilapidated infrastructure, over abundance of low-income housing, and high crime rates.
However, today Aurora is in the midst of a classic long-term, city-wide revitalization project. This revitalization is still in the early phases of the plan which means that real estate prices are significantly lower (25%) than those in the surrounding Denver areas.
This presents an opportunity to investors who are willing to take on a little more risk along with more work and active management in the day-to-day management of most Aurora properties.
- Great future price appreciation
- Lower than average prices
- New infrastructure and business
- Higher than average CAP rate (investment rate of return
- One of the higher crime rates in the metro Denver area
- Active management is required due to higher risk area
- Quality of public education is poor as compared to other cities
Overall Aurora Real Estate Investment Rating
Aurora Investment Rental Property Fast Facts:
Average Aurora Home Price: $281,000
Real estate appreciation over past 12 months: Up 11.1%
Average Aurora Household Income: $52,275
Percentage of Aurora homes that are rental properties: 42.7%
Aurora Resident Median Age: 33
Poverty Level: 16.2%
Median Aurora Housing Rental Rates +
Aurora Rental Trend Summary+
Douglas County Rent Trends By Bedroom+
Top 5 Aurora property management companies – listed alphabetically
Assured Property Management
AT Smith & Company
Grace Property Management
Maranville Property Management
Stars & Stripes Property Management
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