1115 Carr St - Apartments FOR SALE


Lakewood, CO 80214
$1,995,000 USD
720-738-1943
1115 Carr St, Lakewood, CO for Sale
$1,995,000 USD
Apartments - FOR SALE
1/11
null | 5.53% Cap Rate

1115 Carr St
Lakewood, CO 80214


HIGHLIGHTS

  • Can be purchased with 7815 W 41st St.
  • Oversized 1,600 SF floorplans; 3Bed/1Baths + bonus room + in unit laundry room
  • Attractive side-by-side layout with private backyards
  • Significant rental upside and extensive electrical improvements
  • Quiet location tucked away; ample off street parking
  • Growth location walkable to Wadsworth Light Rail

OVERVIEW

1115 Carr St. is a unique 6 unit apartment building that was built in 1959. This property boasts a unique unit mix of (6) oversized 3bed/1bath apartments with additional bonus room and walk in laundry room. The units feature an attractive side by side layout with private backyards. There have been extensive electrical improvements which is unique for this product type. Tenants enjoy being located in the quiet residential Eiber neighborhood in Lakewood with quick access to downtown Denver or the mountains via 6th Avenue. Units are separately metered for gas & electric; tenants pay direct.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$208 USD /SF

# OF UNITS

6

PRICE/UNIT

$332,500

CAP RATE

5.53%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,655 SF

ZONING

5-R, Lakewood

APN/PARCEL ID

49-031-00-073

ASK ABOUT THIS PROPERTY

Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
720-738-1943

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Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
720-738-1943

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