7% cap rate! Updated 7 unit apartment building in Lakewood, just 15 minutes away from Downtown Denver and a straight shot into the mountains going West on Highway 6. . Consist of seven 3-bedroom apartments on a large, well-maintained lot. Plus a large laundry/mechanical room that includes 7 storage units for additional income. This space could also be a potential 8th unit! All units have been updated. Strong leases are in place. Great location: Just minutes away from the Light Rail - Denver West Line. Close to great retail stores such as Walmart, Home Depot and the shops at Belmar which include Whole Foods and the Lakewood City Commons. The Lakewood Reinvestment Authority is the major economic force in the Lakewood area and has encouraged a combination of gentrification and new construction which is occurring within this defined neighborhood.

  • MLS# 3790218
  • Style Industrial
  • Sub-Type Resale
  • Status Active
  • Year 1958
  • Days On Site 9
SQ Feet 6,156
Story(s) 1
Units 7
Zoning MRS / Apartment Low Rise
Listing Provided By:
Michelle Thomas  of  Keller Williams Realty Downtown LLC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $1,400,000
247.83%
$402,500 in 80226
this listing 6,156 SqFt
172.45%
2,260 SqFt in 80226
this listing $227 $/SqFt
27.66%
$178 $/SqFt in 80226
this listing 9 on site
45.45%
16.500000 on site in 80226

Location

State CO
County Jefferson
City Lakewood
Zip Code 80226
Area Jefferson

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