Investment Overview

The McKenzie is a 24-unit multifamily community conveniently located in Lakewood, Colorado, just a 10-minute walk to the Garrison Street Light Rail Station. Built in 1961, this three-story, all-brick building has 11 one-bedroom | one-bath units and 12 two-bedroom | two-bath units. 16 of these 23 units have private balconies and there is secured entry to the interior hallways with 24-hour video surveillance. There is also a separate two-bedroom | one-bath house with a private yard. Many of the units have updated kitchens and bathrooms with vinyl plank flooring. Each unit is individually metered for electric that is paid directly by residents. The buildings are master metered for gas, water, and sewer usage. These are not currently, but can be, billed back to residents as a value-add for a new owner. There is a large on-site income-producing laundry facility (property owned). The grounds are professionally landscaped and includes a dog park. There is plenty of off-street parking.