Aurora Property Management

What you need to know about Aurora property management and real estate investing

When you partner with a property management company you are literally handing them the keys to the front door of your real estate – BE CAUTIOUS!

There is only one Colorado property management company that offers:

  • The integrity of a family owned business
  • The professionalism of a team of experts
  • The kindness of people who care
  • The trust earned over 40 years
  • The satisfaction of serving our community
  • The peace of mind that you are working with the best
  • The transparency of no hidden fees
  • A relationship you can depend on

Property Management is not just our business - it is a relationship between us, our owner-clients and our tenant-residents. If these are important to you, then we may be a good fit to provide you, your property, and your tenant-resident with our award-winning property management service.

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Have a Question?

Call 303-255-1990 or Contact Us Below

How We Help You As Your Aurora Property Manager

Marketing

Effective marketing is a key to attract high quality applicants. We prepare a custom market analysis for each property we manage to determine the optimal rent to maximize your return on your investment.

Tenant Screening

Our custom in-house screening combines personalized processing and advanced data search technology to keep the bad tenants out and attract long term, high quality residents.

Lease Execution & Renewals

Our lease agreement is reviewed and approved by TS, a top Colorado landlord law firm. We operate in full compliance with fair housing, Colorado habitability, application screening, and right-to-cure laws.

Rent Collection

We believe that if you do not get paid - then we should not get paid either. We work to ensure you get paid on time, every time.

Maintenance

Our 24/7 Repair Center is always open to protect your property around the clock. We have low, normal and urgent protocols to ensure cost control and pre-screen all of our vendors.

Financial Reporting

With our detailed financial reporting tools and secure online owner portal, you will have 24/7 online access to your financial information.

Eviction & Pet Protection

If a legal eviction becomes necessary WE will pay YOUR legal fees - yes you read that right – WE WILL PAY. AND... if a pet does damage to your property, WE will pay for that too!

Getting Your Property Rent Ready

We will handle the entire make-ready process on your behalf to ensure your property attracts high-quality residents and rents quickly.

Real Estate Investors!

Free Rental Quote management life cycle brochure

Discover Why You Should Invest in Aurora 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.

One risk associated with downtown Aurora investing is that you will be competing with a lot of new class-A multi-family rental product. Aurora may not be 'overbuilt' yet; but there is a lot of new building and at a very fast pace.

If you are looking for a stable market, amazing amenities, pride of ownership and very strong trending rental market - Aurora is your place for a long term buy and hold.

Pros & Cons To Investing in Aurora Real Estate

THE PROS

  • Potential future price appreciation
  • Lower than average prices
  • New infrastructure and business
  • Higher than average CAP rate (investment rate of return)

THE CONS

  • 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 Investment Rating: B-

Aurora Investment Rental Property Fast Facts

Average Aurora Home Price

$354,828

Average Aurora Household Income

$59,467

Aurora Resident Median Age

34

Median Aurora Housing Rental Rates

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Aurora County Rent Trends By Bedroom

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Real Estate Appreciation Over Past 12 Months

Up 7.1%

Percentage of Aurora homes that are rental properties

42.7%

Poverty Level

16.2%

Aurora Rental Trend Summary

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Top 5 Aurora property management companies (listed alphabetically)

  • Assured Property Management
  • AT Smith & Company
  • Grace Property Management
  • Maranville Property Management
  • Stars & Stripes Property Management

Why Partner With Us As Your Aurora Rental Property Manager?

These 10 numbers that will give you a glimpse into how we operate, and help you decide if we're a good fit for each other.

  1. 99% of Rent Collected

    Percentage of rent due that we collect each month. This is due to a very tight applicant screening process, a time-tested internal collection process, and the fact that we have a full-time Director of Accounting whose only job is to ensure our residents pay on-time each month.

  2. 78% Retention

    The percentage of our tenants that renew their leases every year. This is important because turnover leads to vacancy – which is the biggest expense you could potentially have as a landlord. More lease renewals leads to less turnover, which results in fewer expenses for you.

  3. 12,950 Applications

    The approximate number of rental applications we’ve processed. After looking at this number of credit and background reports, we know what to look for when it comes to processing Aurora rental applications.

  4. $1000 Guarantee

    The amount of money we guarantee you for pet damage or legal eviction expenses. If we approve and place a tenant in your Aurora rental property and we have to evict that tenant for non-payment of rent, we will pay up to $1,000 of legal fees. We will also pay up to $1,000 in pet damage if we approve a pet who does damage. Click here for more details.

  5. 30 Day Guarantee

    Although we hope to work together for many years to come, we don’t believe in long-term “forced” contracts. Rather we believe we should earn your business every single day. Should you ever find our services lacking, you can terminate our agreement with a simple 30-day notice; and with no termination fees or penalties.

  6. 1st Place

    The National Property Manager ranking we received from Think Realty. Although we only operate in Colorado we are recognized nationwide as a leader in the property management industry.

  7. 24 States

    The number of states in which we have taught property management continuing educational classes for state Realtor associations. We teach thousands of Realtors and property managers each year - helping to educate them on how to do property management better.

  8. Grace Gives $55,000

    The amount of money we have donated to our ‘Grace-Gives’ fund. We use this money to help responsible residents who encounter unexpected financial difficulties. For every lease we sign, we donate money into our ‘Grace-Gives’ account. We’ve been able to help many residents in time of need! Click here for details.

  9. 9 Presidents

    The number of U.S. presidents that have served in office since we opened Grace Property Management for business in 1978. In 1978 Jimmy Carter was our President and the Bee Gees had the #1 song (Staying Alive!). When you hand us the keys to the front door of your property, you can feel confident knowing we’re going to be here today, tomorrow, and the next day after that!

  10. 303-210-5744

    That’s not our Aurora property management office phone number - it’s my (Marc Cunningham) personal cell number. If you ever have a problem as a client, you can call me directly. Just please don't call during dinner, my wife doesn't like that!

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