Multifamily
5220 W 5th Avenue
5220 W 5th Ave, Lakewood, CO 80226
Listing Price: $1,790,000
Investment Overview
Marcus & Millichap is pleased to present 5220 West 5th Avenue, a nine-unit multifamily community featuring all 675 square feet two-bedroom/one-bathroom units. The 1958-built property features updated plank flooring, new bathtub & tile shower surround, cabinets and counter tops, as well as in-unit washer/ dryer hookups. The property has been well maintained by current ownership and provides a buyer with a clean slate with operational upside.
5220 West 5th Avenue is conveniently located adjacent to 6th Avenue, a major thoroughfare with direct access downtown and surrounding employment centers. The property is located less than 15 minutes west of Downtown Denver and less than 20 minutes east of Golden. Moreover, the Sheridan light rail station is just one mile (about a 20-minute walk) from the property providing tenants a convenient/alternative transportation option throughout the Metro area.
5220 W 5th Avenue
Investment Highlights
- Nine (9) Two-Bed/One-Bath Units; All 675 Square Feet
- Walking Distance to the Sheridan Light Rail Station, Offering Quick Access to Downtown Denver and Surrounding Employment Hubs
- Units Feature Updated Plank Flooring, New Bathtub & Tile Shower Surround, New Cabinets & Counter Tops, as well as In-Unit Washer/Dryer Hookups
Listing Price: $1,790,000
Investment Highlights
- Nine (9) Two-Bed/One-Bath Units; All 675 Square Feet
- Walking Distance to the Sheridan Light Rail Station, Offering Quick Access to Downtown Denver and Surrounding Employment Hubs
- Units Feature Updated Plank Flooring, New Bathtub & Tile Shower Surround, New Cabinets & Counter Tops, as well as In-Unit Washer/Dryer Hookups
Investment Overview
Marcus & Millichap is pleased to present 5220 West 5th Avenue, a nine-unit multifamily community featuring all 675 square feet two-bedroom/one-bathroom units. The 1958-built property features updated plank flooring, new bathtub & tile shower surround, cabinets and counter tops, as well as in-unit washer/ dryer hookups. The property has been well maintained by current ownership and provides a buyer with a clean slate with operational upside. 5220 West 5th Avenue is conveniently located adjacent to 6th Avenue, a major thoroughfare with direct access downtown and surrounding employment centers. The property is located less than 15 minutes west of Downtown Denver and less than 20 minutes east of Golden. Moreover, the Sheridan light rail station is just one mile (about a 20-minute walk) from the property providing tenants a convenient/alternative transportation option throughout the Metro area.
