11090 W Colfax Ave - Multi-Family FOR SALE


Lakewood, CO 80215- Daniels
$3,400,000 USD
720-738-1945
11090 W Colfax Ave, Lakewood, CO for Sale
$3,400,000 USD
Multi-Family - FOR SALE
1/18
null | 10.27% Cap Rate

11090 W Colfax Ave
Lakewood, CO 80215
Daniels


OVERVIEW

11090–11100 W. Colfax Avenue is an incredible opportunity for investors to purchase a fully renovated, fully furnished apartment community generating significant returns. Priced above a 10 cap, the property offers tenants short, medium., and longer term rentals that offer flexibility while maximizing cash flow to ownership. Each unit comes furnished with a flat screen tv, full kitchen, couch and bed/bedding. Tenants appreciate that rent is inclusive of high speed internet, all utilities and the property is safe and well maintained. Priced at just 136k/unit for fully renovated, fully furnished one bed/one bath townhomes (and two studio units), 11090 W Colfax represents a property with real cash flow and additional upside.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$274 USD /SF

# OF UNITS

25

PRICE/UNIT

$136,000

CAP RATE

10.27%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11090–11100 W. Colfax Avenue

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,511 SF

ZONING

M-G-S (Mixed Use General

APN/PARCEL ID

49-042-01-002

ASK ABOUT THIS PROPERTY

Scott FetterNorthPeak Commercial AdvisorsMore Info
720-738-1945

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Scott FetterNorthPeak Commercial AdvisorsMore Info
720-738-1945

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