10705 W 7th Ave - Apartments FOR SALE


Lakewood, CO 80215- Eiber
$1,695,000 USD
720-738-1943
10705 W 7th Ave, Lakewood, CO for Sale
$1,695,000 USD
Apartments - FOR SALE
1/11
null | 7% Cap Rate

10705 W 7th Ave
Lakewood, CO 80215
Eiber


HIGHLIGHTS

  • Extensive recent updates - boiler (2022), roof (est. 2018), windows (est. 2015), parking lot (2025), stairs (est. 2015), electrical panels, flatwork
  • Updated units with extra storage space and private patios/balconies
  • Attractive 2:1 parking ratio
  • Easy access to the mountains and downtown Denver via Highway 6
  • Nearby shopping/dining at Belmar and major employment hub at the Federal Center

OVERVIEW

Villa Rosa Apartments is a 9 unit property composed of 7 two bedrooms and 2 three bedrooms. The building is in great condition, built in 1974 with extensive recent upgrades including boiler (2022), roof (est. 2018), windows (est. 2015), parking lot (2025), stairs (est. 2015), flatwork, and landscaping. The units boast updated interiors, extra storage space, and private patios/balconies. Tenants enjoy on site laundry and ample off street parking as well as easy access to Belmar shopping/dining, the Federal Center, and the mountains. For the right investor, this is the perfect opportunity to buy a well maintained property in a strong location.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$203 USD /SF

# OF UNITS

9

PRICE/UNIT

$188,333

CAP RATE

7%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villa Rosa

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

18,034 SF

ZONING

5-R, Lakewood

APN/PARCEL ID

49-044-17-007

ASK ABOUT THIS PROPERTY

Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
720-738-1943

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Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
720-738-1943

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