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7300-7310 W 10th Ave
Lakewood, CO 80214 Molholm Two Creeks

$2,675,000 USD

Apartments For Sale  •  12,544 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,544 SF
  • Lot Size 0.67 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 6.17 %
  • Zoning R-5
50 Transit Score
50 Walk Score

Highlights

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.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $165,121 USD (2025)
Cap Rate: 6.17 %
Total Expenses: $89,728 USD

Major Tenants

Tenant SF Occupied Lease End Date
East West Medicines

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Oven
  • Range
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Union Station Track 2 (Union Station to Eastlake & 124th Station - Regional Transportation District, Union Station to Westminster Station - Regional Transportation District, Union Station to Wheat Ridge Ward Station - Regional Transportation District) 13 min - 7.1 mi
Denver (California Zephyr - Amtrak, Union Station to Denver Airport Station - Amtrak, Winter Park Express - Amtrak) 12 min - 7.1 mi
Transit/SubwayDriveWalkDistance
Lakewood/Wadsworth (W Line - Denver Regional Transportation District Light Rail (TheRide)) 1 min 9 min 0.4 mi
Lamar (W Line - Denver Regional Transportation District Light Rail (TheRide)) 2 min 16 min 0.9 mi
AirportDriveWalkDistance
Denver International 41 min - 30.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 34
Type: Surface
Included in Rent: Yes
Jim Knowlton 303-962-9543 Pinnacle Real Estate Advisors
Jim Knowlton 303-962-9543 Pinnacle Real Estate Advisors