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Multifamily

Lakewood Apartment Portfolio

375 South Depew Street, Lakewood, CO 80226

Listing Price: Request For Offer

Occupancy
95.0%

Investment Overview

This portfolio of three well-maintained, quality apartment communities in Lakewood, Colorado consists of The Lampliter (41 units), The Zephyr (22 units), and The McKenzie (24 units). They each enjoy an excellent location in western Lakewood, close to retail, shopping, restaurants, and recreation. Residents are able to commute throughout metropolitan Denver with the close proximity to employment opportunities in Lakewood and downtown Denver. The three properties proximity to each other is an asset to potential buyers allowing easier property management. Each property has had significant improvements over the past 10 years, including major mechanical upgrades, common area improvements, new roofs, new parking lots, units renovations, and replacement of windows and doors. There are seller-owned laundry facilities at each property. This pride of ownership at each community has led to many long-term residents. There is a significant opportunity to add value when these units turn. This portfolio offers flexible financing options for a potential buyer by either obtaining new debt or assuming the current debt at 4.05% with three years remaining.

Investment Highlights

  • Pride of Ownership! Three Well-Maintained, Quality Assets
  • Desirable West-Side Lakewood Location; Properties in Close Proximity
  • Assumable 4.05% Financing Available
  • Strong Value-Add by Increasing Rent to Market and Adding RUBS
  • All Brick Exteriors; Beautifully Landscaped; Off-Street Parking
  • Seller-Owned Laundry Facility at Each Property
  • All Properties Close to Retail, Restaurants, Employment, and Public Transportation

Exclusively Listed By

Financing By

Multifamily

Lakewood Apartment Portfolio

Investment Highlights

  • Pride of Ownership! Three Well-Maintained, Quality Assets
  • Desirable West-Side Lakewood Location; Properties in Close Proximity
  • Assumable 4.05% Financing Available
  • Strong Value-Add by Increasing Rent to Market and Adding RUBS
  • All Brick Exteriors; Beautifully Landscaped; Off-Street Parking
  • Seller-Owned Laundry Facility at Each Property
  • All Properties Close to Retail, Restaurants, Employment, and Public Transportation

Investment Overview

This portfolio of three well-maintained, quality apartment communities in Lakewood, Colorado consists of The Lampliter (41 units), The Zephyr (22 units), and The McKenzie (24 units). They each enjoy an excellent location in western Lakewood, close to retail, shopping, restaurants, and recreation. Residents are able to commute throughout metropolitan Denver with the close proximity to employment opportunities in Lakewood and downtown Denver. The three properties proximity to each other is an asset to potential buyers allowing easier property management. Each property has had significant improvements over the past 10 years, including major mechanical upgrades, common area improvements, new roofs, new parking lots, units renovations, and replacement of windows and doors. There are seller-owned laundry facilities at each property. This pride of ownership at each community has led to many long-term residents. There is a significant opportunity to add value when these units turn. This portfolio offers flexible financing options for a potential buyer by either obtaining new debt or assuming the current debt at 4.05% with three years remaining.

Exclusively Listed By

Financing By

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