Hotels /CO /Jefferson County /Lakewood /715 Kipling St
Hotels /CO /Jefferson County /Lakewood /715 Kipling St

715 Kipling St - Hospitality FOR SALE


Lakewood, CO 80215- Eiber | 
$10,250,000 USD
303-962-9555
715 Kipling St, Lakewood, CO for Sale
$10,250,000 USD
Hospitality - FOR SALE
1/28
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715 Kipling St
Lakewood, CO 80215
Eiber

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HIGHLIGHTS

  • $1,250,000 Price Reduction!!
  • Excellent Multifamily Conversion Opportunity: 19.43% Leveraged IRR
  • Recent Capital Improvements Include Newer Boiler & Roof
  • Good Mix of Studios, 1Bd/1Ba & 2Bd/1Ba Units
  • Priced Well Below Replacement Cost
  • Located in an Opportunity Zone

OVERVIEW

$1,250,000 PRICE REDUCTION!! 147-Unit Apt Conversion Opportunity in Lakewood, CO. Property currently operated as an Extended Stay with excellent potential to be converted to multifamily. Reach out to Josh Newell for more details.

FOR SALE DETAILS

PRICE

$10,250,000 USD

PRICE/SF

$128 USD /SF

# OF ROOMS

147

PRICE/ROOM

$69,728 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HomeTowne Studios Denver Lakewood West

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1971

PARKING SPACES

149

LAND DETAILS

LAND ACRES

2.37 AC

LAND SF

103,237 SF

ZONING

C-R

APN/PARCEL ID

49-044-00-002

ASK ABOUT THIS PROPERTY

Josh NewellPinnacle Real Estate AdvisorsMore Info
303-962-9555

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Josh NewellPinnacle Real Estate AdvisorsMore Info
303-962-9555

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

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