HIGHLIGHTS
- 6.81% Current CAP Rate!
- 500 Feet from Lakewood-Wadsworth Light Rail Station, Providing Direct Access to Downtown Denver and Golden
- Recent Improvements Including a New Roof
- Private Balconies for Every Unit
- Located on Large 0.61 Acre Lot with Ample Parking
- 2 Miles from Belmar Shopping District, Offering Restaurants, Shops, Entertainment, and Grocery Options
OVERVIEW
JUST LISTED! This 20-unit multifamily property in Lakewood is priced at $135,000/Unit, below recent comps in the area. The asset delivers a 6.81% Current CAP rate with upside potential. It sits 500 feet from a light rail station, which supports tenant demand and rental stability. Can be purchased individually or as a portfolio with 7515 W 8th Place, another 20-unit building nearby.
FOR SALE DETAILS
PRICE
$2,700,000 USD
PRICE/SF
$135 USD /SF
# OF UNITS
20
PRICE/UNIT
$135,000
CAP RATE
6.81%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Yukon Terrace Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
2000
PARKING SPACES
24
LAND DETAILS
LAND ACRES
0.6 AC
LAND SF
26,219 SF
ZONING
-
APN/PARCEL ID
49-022-14-008
ASK ABOUT THIS PROPERTY
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303-962-9567
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303-962-9567
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