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Multifamily

5220 W 5th Avenue

5220 W 5th Ave, Lakewood, CO 80226

Listing Price: $2,000,000

Cap Rate
4.75%
Number of Units
9
Price/Unit
$222,222
Price/Gross SF
$327.87
Gross SF
6,100

Investment Overview

Marcus & Millichap is pleased to present 5220 West 5th Avenue, a nine-unit multifamily community featuring all two-bedroom/one-bathroom units. The 1958-built property features updated plank flooring, white appliances (range/refrigerator), bathtub & tile shower, and washer/dryer hookups. Residents enjoy two surface parking spaces per unit and a gated pet area. 5220 West 5th Avenue is located in Lakewood, less than 15 minutes west of Downtown Denver and less than 20 minutes east of Golden. The property is conveniently located next to 6th Ave., a major thoroughfare with direct access to downtown. It is also one mile (about a 20-minute walk) from the Sheridan Station light rail, running on the W line east to Union Station, offering residents an alternative transportation option around the Metro area.

Investment Highlights

  • Nine-Unit Multifamily Community Featuring all Two-Bed/One-Bath Units
  • Features Plank Flooring, White Appliances (Range/Refrigerator), Bathtub & Tile Shower, and Washer/Dryer Hookups
  • Located in Lakewood, Just One Mile from Sheridan Station with Direct Access to Downtown

Exclusively Listed By

Financing By

Multifamily

5220 W 5th Avenue

Listing Price: $2,000,000

Cap Rate
4.75%
Number of Units
9
Price/Unit
$222,222
Price/Gross SF
$327.87
Gross SF
6,100

Investment Highlights

  • Nine-Unit Multifamily Community Featuring all Two-Bed/One-Bath Units
  • Features Plank Flooring, White Appliances (Range/Refrigerator), Bathtub & Tile Shower, and Washer/Dryer Hookups
  • Located in Lakewood, Just One Mile from Sheridan Station with Direct Access to Downtown

Investment Overview

Marcus & Millichap is pleased to present 5220 West 5th Avenue, a nine-unit multifamily community featuring all two-bedroom/one-bathroom units. The 1958-built property features updated plank flooring, white appliances (range/refrigerator), bathtub & tile shower, and washer/dryer hookups. Residents enjoy two surface parking spaces per unit and a gated pet area. 5220 West 5th Avenue is located in Lakewood, less than 15 minutes west of Downtown Denver and less than 20 minutes east of Golden. The property is conveniently located next to 6th Ave., a major thoroughfare with direct access to downtown. It is also one mile (about a 20-minute walk) from the Sheridan Station light rail, running on the W line east to Union Station, offering residents an alternative transportation option around the Metro area.

Exclusively Listed By

Financing By

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