7515 W 8th Pl - Apartments FOR SALE


Lakewood, CO 80214- Molholm Two Creeks
$3,600,000 USD
303-962-9567
7515 W 8th Pl, Lakewood, CO for Sale
$3,600,000 USD
Apartments - FOR SALE
1/24
null | 6.81% Cap Rate

7515 W 8th Pl
Lakewood, CO 80214
Molholm Two Creeks


HIGHLIGHTS

  • All 2 Bed 1 Bath Units
  • 6.81% Current CAP Rate!
  • 3 Single Story Buildings with Front & Rear Entry Doors
  • Individually Metered for Gas & Electric
  • Ample Off-Steet Parking
  • Nearby Retail and Restaurants along Colfax & Wadsworth Corridor

OVERVIEW

JUST LISTED! This multifamily property at 7515 W 8th Place features (20) 2-bedroom, 1-bath units with strong, consistent tenant demand. The asset delivers a 6.81% Current CAP and consists of three single-story buildings. Each unit is individually metered for gas & electric with front and rear entrances. The property can be purchased individually or as a portfolio with 1289 Yukon Street, offering Buyers the opportunity to build scale in a desirable Lakewood location.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

20

PRICE/UNIT

$180,000

CAP RATE

6.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8th Place Commons

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,446 SF

ZONING

5R

APN/PARCEL ID

49-024-11-003

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.