717 Oak St - Apartments FOR SALE


Lakewood, CO 80215
$1,275,000 USD
303-962-9555
717 Oak St, Lakewood, CO for Sale
$1,275,000 USD
Apartments - FOR SALE
1/10
null | 5.83% Cap Rate

717 Oak St
Lakewood, CO 80215


HIGHLIGHTS

  • Great Unit Mix - Mostly 2Bd Units
  • On-Site Laundry and Individual Storage Lockers
  • Located in an Opportunity Zone on a Large Lot
  • Near Oak Street & Federal Center Light Rail Stations
  • Excellent Neighborhood Demographics: $94k Average Household Income within 2 Mile Radius
  • Can Be Purchased with 5275 W 1st Avenue & 1360 Zephyr Street

OVERVIEW

717 Oak Street is a well-maintained 6-unit apartment building featuring a desirable unit mix, predominantly 2Bd/1Ba units. Located in an Opportunity Zone on a spacious lot, this property offers a range of tenant-friendly amenities, including on-site laundry facilities and individual storage lockers. 717 Oak Street is conveniently situated with quick access to the 6th Avenue highway, providing easy connectivity to downtown Denver and the surrounding areas. This property can be purchased individually or as part of a portfolio with 1360 Zephyr Street and 5275 W 1st Ave, offering investors the opportunity to expand their holdings in a promising location.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$255 USD /SF

# OF UNITS

6

PRICE/UNIT

$212,500

CAP RATE

5.83%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

PP

APN/PARCEL ID

49-044-18-019

ASK ABOUT THIS PROPERTY

Josh NewellPinnacle Real Estate AdvisorsMore Info
303-962-9555

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Josh NewellPinnacle Real Estate AdvisorsMore Info
303-962-9555

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