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$1,395,000
Est. payment /mo
0.28 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8502273
HOA Y/N No
Year Built 1960
Lot Size 0.276 Acres
Acres 0.28
Property Sub-Type Multi Family
Property Description
Lakewood Station Apartments, located at 7520–7532 W 13th Avenue, is a fully occupied 7-unit apartment community in Lakewood. Built in 1960 and renovated in 2016, the property features a desirable side-by-side layout with front and back doors and a unit mix consisting primarily of two-bedroom apartments. Recent improvements include updated electrical with 100+ amp GE panels, exterior paint and signage, landscaping, laundry room improvements, interior updates, and a 2016 roof. Gas and electric are separately metered with tenants paying direct.
The property is well-located near light rail in a growing Lakewood location and has demonstrated strong historical income. Additional storage space provides potential for increased revenue, while the opportunity to add in-unit laundry offers investors a clear path to further improve the property and drive additional value.
Highlights:
Attractive side by side layout with front & back doors
Growth location near Light Rail
Recent updates include electrical (GE panels 100+ amps/unit), exterior paint/signage, gravel/turf, laundry room, roof 2016, interior updates
Fully occupied; strong historical income
Separately metered gas/electric - tenants pay direct
Additional storage space with income potential
Value add potential by adding in unit laundry
The property is well-located near light rail in a growing Lakewood location and has demonstrated strong historical income. Additional storage space provides potential for increased revenue, while the opportunity to add in-unit laundry offers investors a clear path to further improve the property and drive additional value.
Highlights:
Attractive side by side layout with front & back doors
Growth location near Light Rail
Recent updates include electrical (GE panels 100+ amps/unit), exterior paint/signage, gravel/turf, laundry room, roof 2016, interior updates
Fully occupied; strong historical income
Separately metered gas/electric - tenants pay direct
Additional storage space with income potential
Value add potential by adding in unit laundry
Location
State CO
County Jefferson
Exterior
Private Pool No
Building
Sewer Public Sewer
Others
Tax ID 052287
Read Less Info
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byNorthPeak Commercial Advisors, LLC
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Learn More About LPT Realty
Cesar Peña
Real Estate Advisor License ID: FA.100097076
Real Estate Advisor License ID: FA.100097076