Apartments For Sale • 12,544 SF
| ASSUMABLE FREDDIE MAC LOAN AVAILABLE - $1,920,000 LOAN BALANCE AT 5.29% UNTIL MAY 2028 |
| VALUE-ADD POTENTIAL THROUGH CONTINUED RENOVATION AND ADDING INUNIT WASHER/DRYER |
| NEWLY INSTALLED GUTTERS, HOT WATER HEATER AND ELECTRICAL PANELS. |
| 10 UNITS HAVE BEEN RENOVATED INCLUDING NEW FLOORING, KITCHENS, LIGHTING, AND BATHS. |
| ATTRACTIVE BASIS RELATIVE TO LAKEWOOD COMPARABLES AND NEWER MULTIFAMILY DEVELOPMENT IN THE DENVER METRO AREA |
| BLOCK AND TWIN T CONSTRUCTION CONTRIBUTE TO LONG-TERM DURABILITY AND REDUCED CAPITAL EXPENDITURE RISK. |
| Cap Rate: | 5.95 % |
| Total Expenses: | $89,728 USD |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| East West Medicines |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 10 min | - | 4.9 mi | |
| Union Station: LoDo-Coors Field-16th Street Mall (C Line - Denver Regional Transportation District Light Rail (TheRide), E Line - Denver Regional Transportation District Light Rail (TheRide), W Line - Denver Regional Transportation District Light Rail (TheRide)) | 13 min | - | 7.1 mi |
| Transit/Subway | Drive | Walk | Distance |
| Lakewood/Wadsworth (W Line - Denver Regional Transportation District Light Rail (TheRide)) | 2 min | 11 min | 0.5 mi |
| Lamar (W Line - Denver Regional Transportation District Light Rail (TheRide)) | 3 min | 17 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Denver International | 43 min | - | 31.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 34 |
| Type: | Surface |
| Included in Rent: | Yes |