10750 W 12th Pl - Multi-Family FOR SALE


Lakewood, CO 80215- Eiber
$1,320,000 USD
303-481-2875
10750 W 12th Pl, Lakewood, CO for Sale
$1,320,000 USD
Multi-Family - FOR SALE
1/32
null | Request Cap Rate

10750 W 12th Pl
Lakewood, CO 80215
Eiber


HIGHLIGHTS

  • Single ownership for 51 years provides stability and signals untapped upside with longterm tenants on below-market leases
  • Side-by-side ranch lives like townhomes, giving tenants private entrances and backyards. Great unit mix of 2 and 3 bedroom units
  • Tenants directly pay for gas, electric, and trash, keeping owner expenses light
  • Immediate value-add: below-market rents, four rentable garages, and the option to finish Unit 5’s third bedroom
  • Can be purchased along with duplex across the street at 10685-95 W 12th Pl
  • Each unit has its own private backyard space. Four of five units have its own garage

OVERVIEW

10750 W 12th Place in Lakewood is a side-by-side, ranch-style 5-unit property that has been owned by the same family for 51 years. The layout feels more like townhomes than apartments, offering each resident a private entry, backyard, and greater sense of privacy. The quiet residential location in the Eiber Neighborhood is just a few blocks from both Oak Street Station and Sunset Park, while being 15 minutes from both Downtown Denver and the I-70 Corridor. Tenants pay for their own gas, electricity, and trash, limiting owner expenses to just property taxes, insurance, water/sewer, and general maintenance. A zeroscaped front yard further reduces water and landscaping needs, keeping operating costs low. Rents remain below market due to long-term ownership and tenancy, with all residents on month-to-month leases. The property presents clear upside through rent increases, monetizing the four garages, and completing Unit 5’s third bedroom. With its low-maintenance setup and desirable Lakewood location, the property offers investors a clear and straightforward value-add opportunity. 10750 W 12th Pl may also be acquired with the duplex across the street at 10685–10695 W 12th Pl. County: Jefferson Year Built: 1969 # Buildings: 1 # Stories: 2 # Units: 5 Construction: Brick Masonry Roof Type: Pitched Gross Building SF: 5,132 Lot SF: 15,072 Parking: Attached Garage/Driveway # Parking Spaces: 4+8 Cooling: Wall AC-Units Heating: Baseboard Gas/Electric: Individual/Individual Water/Sewer: Master Trash: Individual

FOR SALE DETAILS

PRICE

$1,320,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

5

PRICE/UNIT

$264,000

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

1969

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,072 SF

ZONING

-

APN/PARCEL ID

49-041-15-012

ASK ABOUT THIS PROPERTY

Andrew VollertKaufman HaganMore Info
303-481-2875

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Andrew VollertKaufman HaganMore Info
303-481-2875

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