Introducing Grand Cedars Apartments, a standout turnkey investment opportunity in Lakewood’s Springbrook neighborhood. This 29-unit apartment community is priced at $137,931 per unit, offering a strong in-place Cap Rate of 6.65% and compelling year-one cash flow. Investors can maximize returns by bringing all units up to market rents, unlocking additional revenue potential. Each unit has been expertly upgraded with new countertops, flooring, cabinets, water heaters, and appliances, providing modern, high-quality living spaces that attract and retain tenants. For investors seeking a low-maintenance asset with strong returns, Grand Cedars Apartments presents an exceptional opportunity. Competitively priced below similarly renovated sale comparables, this high-performing property offers both immediate cash flow and long-term value appreciation—making it an ideal addition to any portfolio.