Investment Overview

The Lampliter is a well-maintained, 41-unit apartment community located in Lakewood, Colorado just south of Alameda Avenue and one mile east of the popular Belmar District. This two-story exterior walk-up has a diversified unit mix of one- and two-bedroom units and one three-bedroom unit. Many of the units have updated kitchens and bathrooms, hard surface vinyl plank flooring and all units have double-paned windows. The property has a large on-site laundry facility with income-producing washer and dryers (property owned) and additional storage for residents. This investment has a solid brick exterior with a composite shingle pitched roof (approximately eight years old) and each unit is individually metered for electric. There is a central boiler that provides heat and hot water. The building sits on a sprawling 1.72 acre lot, residents enjoy a large professionally landscaped courtyard and abundant off-street parking. The Lampliter is in close proximity to the Belmar District, considered the city center for Lakewood. It offers restaurants, shopping, entertainment, and other services.