5881 W 11th Ave - Multi-Family FOR SALE


Lakewood, CO 80214- Molholm Two Creeks
$1,125,000 USD
720-738-1945
5881 W 11th Ave, Lakewood, CO for Sale
$1,125,000 USD
Multi-Family - FOR SALE
1/10
null | 5.69% Cap Rate

5881 W 11th Ave
Lakewood, CO 80214
Molholm Two Creeks


HIGHLIGHTS

  • New parking lot
  • New sidewalks
  • New landscaping including privacy fences
  • Unit mix of 1bd/2bd/3bd units

OVERVIEW

NorthPeak Commercial Advisors is pleased to present 5881-5895 W 11th Avenue for sale. This seven unit multifamily asset lies in the heart of Lakewood, Colorado and offers a diverse unit mix of one bedroom, two bedroom and three bedroom units. This multifamily asset sits in a quiet, residential location that is also clearly in the path of progress. To the east are several newer developments, most notably the 28,000 SF Dry Gulch Condominiums, built in 2022. The property offers tenants private outdoor spaces, ample parking and a well maintained, 1/3 acre lot zoned R-4 for future development considerations. At $1,125,000, this property is aggressively priced at just over $160,000/unit and $198/SF. Private showings can be arranged through the listing team.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$198 USD /SF

# OF UNITS

7

PRICE/UNIT

$160,714

CAP RATE

5.69%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,765 SF

ZONING

-

APN/PARCEL ID

49-011-00-061

ASK ABOUT THIS PROPERTY

Scott FetterNorthPeak Commercial AdvisorsMore Info
720-738-1945

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Scott FetterNorthPeak Commercial AdvisorsMore Info
720-738-1945

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