10527 W 6th Pl - Multi-Family FOR SALE


Lakewood, CO 80215- Eiber
$1,200,000 USD
303-905-5888
10527 W 6th Pl, Lakewood, CO for Sale
$1,200,000 USD
Multi-Family - FOR SALE
1/25
null | Request Cap Rate

10527 W 6th Pl
Lakewood, CO 80215
Eiber


HIGHLIGHTS

  • Immediate rental upside with no need for significant capital investment. Value-add w/ interior renovations to enhance appeal and drive rent growth
  • No deferred maintenance or major CapEx requirements
  • Recent upgrades including roofing, HVAC replacement, keypad entry, fire panel upgrade, and refreshed common areas
  • Thoroughly maintained with meaningful improvements providing a strong physical foundation and operational stability
  • Prime location near Belmar Shopping District, Addenbrooke Park, Lakewood City Center, offering convenient access to shopping, dining & recreation
  • Can be sold as Portfolio with 6915 W 24th Ave, Edgewater & 5755 W 37th Ave, Wheat Ridge

OVERVIEW

The Unique Apartment Group is pleased to present the opportunity to acquire 10537 W 6th Pl in Lakewood, Colorado, also known as The Hilltop Apartments. The Hilltop Apartments is a two-story multifamily asset consisting of eight (8) units, featuring a mix of seven (7) one-bedroom/one-bathroom units and one (1) studio. The building offers an efficient design and desirable unit mix that appeals to a wide range of tenants seeking affordability and convenience in the heart of Lakewood. Current ownership has kept the property in excellent condition through consistent investment in maintenance and significant capital improvements within the last decade. Recent projects include a new roof, HVAC replacement, keypad entry added to main doors, fire panel upgrade, and fresh paint and carpet in the common hallways. These upgrades reflect a strong commitment to long-term property care and provide a solid foundation for continued operational success. Situated in a prime Lakewood location, the property benefits from close proximity to a variety of neighborhood amenities, including the Belmar Shopping District, Addenbrooke Park, and Lakewood City Center, offering residents convenient access to shopping, dining, and recreation. The area is well-connected by West 6th Avenue, Alameda Avenue, and Union Boulevard, providing easy access to downtown Denver and the surrounding metro area. These features collectively help drive long-term tenant demand and sustained value appreciation. The property is currently operated by a Jefferson County non-profit organization, presenting a compelling opportunity for investors to reposition the asset under a traditional multifamily management model. The upside lies in aligning below-market rents with prevailing rates and improving operational efficiency through expense optimization. With a strong physical foundation already in place, the property offers room for a value-add strategy, giving new ownership the opportunity to modernize units, enhance curb appeal, and push rent values through thoughtful upgrades.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$214 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

7

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

M-R-S

APN/PARCEL ID

49-044-19-006

ASK ABOUT THIS PROPERTY

Marc LippittUnique Properties, Inc.More Info
303-905-5888

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Marc LippittUnique Properties, Inc.More Info
303-905-5888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.