10623-10709 W 8th Avenue
Lakewood, CO 80215

$3,125,000

Description

3 separately deeded 8-unit buildings on a massive 1.25 acre lot. 24 1Br/1Ba units, 21 of which have been updated. Only $130,208/unit with rental upside - getting proforma rents on newest leases! Short walk to the Oak Street Light Rail Station, 24 off-street parking spaces, and updated electrical. Excellent long term cash flow with below market rents and future development opportunity.

Details

MLS#2263042
StyleIndustrial
Sub-TypeResale
StatusActive
Year1961
Days On Site125

Features

SQ Feet13,898
Story(s)1
Units24
ZoningM-R-S

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Area Information

StateCO
CountyJefferson
CityLakewood
Zip Code80215
AreaJefferson
Listing VS Median (in 80215)
Price:
$3,125,000
low | high
Med:
$494,998
100% of Average
SqFt:
13,898
low | high
Med:
2,588
100% of Average
$ / SqFt:
$225
low | high
Med:
$197
62.351218716141% of Average
On Site:
125
low | high
Med:
50.5
100% of Average
Listing Updated: 07/15/2018
MLS Number: 2263042
Listing Provided By:
Robert Lawson  of  Pinnacle Real Estate Advisors
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