1435-1449 Depew Street Multi-Family FOR SALE


Lakewood, CO
$2,200,000 USD
720-939-2943
, Lakewood, CO for Sale
$2,200,000 USD
Multi-Family - FOR SALE
1/14
null | 5% Cap Rate

1435-1449 Depew Street
Lakewood, CO


HIGHLIGHTS

  • 12 – 1Br / 1Ba units. Covered land play until site plan approved with existing income
  • There are three existing 4-unit buildings totaling 12-units currently on the site
  • 24,134 SF lot zoned MF ideal for redevelopment
  • MNU Zoning Designation allows for mixed commercial/residential uses with up to 45-foot building height
  • Located in Federal Opportunity Zone
  • Existing tenants are on rent vouchers (current owner is affordable based nonprofit organization)

OVERVIEW

1435-1449 Depew Street includes three-four unit apartment buildings, totaling 12-units. The properties sit on a 24,134 SF lot zoned multifamily that is primed for redevelopment. Preliminary site review by architecture firm indicated that it’s possible to build a new 42-unit apartment building on the site, based on zoning requirements.

ASK ABOUT THIS PROPERTY

Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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