Marcus & Millichap is pleased to present Lakewood Crossing, a 54-unit multifamily community located in Lakewood Colorado. Lakewood Crossing provides investors an
opportunity to acquire a proven value-add property in one of metro Denver’s top performing submarkets. Built in 1971, the property features a complementary mix of (18) one-bedroom and (36) two-bedroom units. The property has been well maintained by current ownership offering a new owner the opportunity to finish the renovations for additional income. Additionally, the property features ample amenities such as a clubhouse, swimming pool, grilling stations, and a playground. The property is surrounded by major employment centers including the Denver Federal Center, Union Business Corridor, St. Anthony Hospital, and Colorado Christian University.
Assumable loan: $7,257,000 Balance, 7-year Term Maturing April 2032, 5.28% Interest Rate, 84 Remaining Months of I.O.