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1951 Upham St
Lakewood, CO 80214 Edgewood

$1,350,000 USD

Apartments For Sale  •  5,445 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,445 SF
  • Lot Size 0.31 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 7.07 %
  • Zoning MRU
30 Transit Score
60 Walk Score

Highlights

Pride of ownership – well maintained property
0% historical vacancy in over 36 months!
Loan assumption with 4.1% interest through 2031 available
Recent updates to interiors, roof (2024), parking lot (2025), windows, boiler, laundry, sprinkler system, fence, and exterior stairs
All 2- and 3-bedroom units
Potential 10% cash on cash return for an owner manager

Property Flyers

Cap Rate: 7.07 %

Amenities

  • Cable Ready
  • Heating
  • Refrigerator
  • Carpet

Public Transportation

Commuter RailDriveWalkDistance
Olde Town Arvada W-Bound (Union Station to Wheat Ridge Ward Station - Regional Transportation District) 7 min - 3.9 mi
Olde Town Arvada E-Bound (Union Station to Wheat Ridge Ward Station - Regional Transportation District) 8 min - 4.0 mi
Transit/SubwayDriveWalkDistance
Lakewood/Wadsworth (W Line - Denver Regional Transportation District Light Rail (TheRide)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Denver International 39 min - 30.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Jack Sherman 303-903-9638 NorthPeak Commercial Advisors
Jack Sherman 303-903-9638 NorthPeak Commercial Advisors