6160 W 17th Ave - Apartments FOR SALE


Lakewood, CO 80214- Edgewood
$1,650,000 USD
720-495-2412
6160 W 17th Ave, Lakewood, CO for Sale
$1,650,000 USD
Apartments - FOR SALE
1/44
null | 6.31% Cap Rate

6160 W 17th Ave
Lakewood, CO 80214
Edgewood


HIGHLIGHTS

  • Side-by-side, townhouse-style apartments
  • Located near Edgewater Public Mkt, Sloan's Lake, Sheridan Light Rail Station, Parks and many other amenities!
  • 7 off street parking spaces
  • Fully renovated in 2017: All units feature modern upgrades, finishes and AC units
  • New roof 2024

OVERVIEW

Improved Price by $100k! Presenting an exceptional investment opportunity at 6160 W 17th Ave, a prime 5-unit multifamily property strategically situated near Edgewater Public Market, Sloan's Lake, and the Sheridan Light Rail Station. All units fully renovated in 2017 featuring modern upgrades and sleek finishes with new kitchens incl. stainless appliances & quartz countertops, bathrooms, flooring, lighting, paint, windows, AC added to each unit and new main electrical panel. New roof in 2024. This all-brick townhouse-style building offers investors a turnkey asset in a strong rental area! Three of the interior units are bi-level with long-term tenants, two end units are ranch style and fully furnished (included with sale) with mid term leases, offering above market rents. There is also potential to subdivide and sell the units individually, presenting a profitable exit strategy.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$383 USD /SF

# OF UNITS

5

PRICE/UNIT

$330,000

CAP RATE

6.31%

% LEASED

80%

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

7

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-MF

APN/PARCEL ID

39-363-10-032

ASK ABOUT THIS PROPERTY

Jay PetersonWest Peak PropertiesMore Info
720-495-2412

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Jay PetersonWest Peak PropertiesMore Info
720-495-2412

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