303-513-0967
1852 S Wadsworth Blvd, Lakewood, CO for Sale
Apartments - FOR SALE
1/51
null | Request Cap Rate

1852 S Wadsworth Blvd
Lakewood, CO 80232
Lasley


HIGHLIGHTS

  • High Cashflow, Turnkey Asset with Light Value-Add Opportunity in a Top-Performing Submarket
  • Muted Oncoming Supply Pipeline Fuels Future Demand
  • Attractive Assumable Loan of $7.257mm at 5.28% for a 7-year Term.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

54

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakewood Crossing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

108

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,726 SF

ZONING

-

APN/PARCEL ID

49-234-00-003

ASK ABOUT THIS PROPERTY

Greg ParkerMarcus & MillichapMore Info
303-513-0967

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Greg ParkerMarcus & MillichapMore Info
303-513-0967

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