538 S Ames St - Apartments FOR SALE


Lakewood, CO 80226- Belmar
$1,225,000 USD
303-962-9567
538 S Ames St, Lakewood, CO for Sale
$1,225,000 USD
Apartments - FOR SALE
1/30
null | 7.56% Cap Rate

538 S Ames St
Lakewood, CO 80226
Belmar


HIGHLIGHTS

  • Renovated 4-Plex on Large 0.49 Acre Lot
  • 7.56% Current CAP Rate!
  • (4) Large Garages Provide Additional Income
  • All Large 2Bd & 3Bd Units
  • Just 1.76% Historical Vacancy!
  • Furnaces, Hot Water Heaters, Washer/Dryer Hookups & Swamp Coolers Dedicated to Each Unit

OVERVIEW

JUST LISTED! Renovated 4-Plex on Large 0.49 Acre Lot. 7.56% Actual CAP Rate with only 1.76% Historical Vacancy!

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$213 USD /SF

# OF UNITS

4

PRICE/UNIT

$306,250

CAP RATE

7.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

R-MF

APN/PARCEL ID

49-131-05-003

ASK ABOUT THIS PROPERTY

Connor KnutsonPinnacle Real Estate AdvisorsMore Info
303-962-9567

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Connor KnutsonPinnacle Real Estate AdvisorsMore Info
303-962-9567

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