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Multifamily

10760-10765 W 8th Ave

10760 W 8th Ave, Lakewood, CO 80215

Listing Price: $3,245,000

Cap Rate
6.65%
Number of Units
12
GRM
11.16
Occupancy
95.0%
Price/Unit
$270,417
Price/Gross SF
$237.10
Gross SF
13,686

Investment Overview

Marcus & Millichap is pleased to present 10760 W. 8th Ave & 10765 W. 7th Pl, a 12-unit property located in Lakewood, CO. This well-maintained multi-family asset offers an excellent opportunity for both seasoned and first-time investors. Situated in a highly desirable location, the property benefits from strong demand in the Lakewood rental market, providing potential for stable cash flow and long-term appreciation. The convenient access to major roadways, including I-70, make it an attractive option for residents.
Additionally, the location provides easy access to a variety of nearby retail, dining, and entertainment options, as well as proximity to outdoor recreational opportunities such as parks and hiking trails. With a strong rental history and solid occupancy rates, 10760 W. 8th Ave & 10765 W. 7th Pl presents a rare opportunity to acquire a well-positioned asset in a growing market. The property's strong fundamentals, combined with the potential for value-add improvements and rent increases, make this a compelling investment opportunity.

Investment Highlights

  • Strong Market Fundamentals & Low Vacancy Rates
  • Attractive Cash Flow & Value-Add Potential
  • Prime Location with Strong Employment Drivers

Exclusively Listed By

Multifamily

10760-10765 W 8th Ave

Listing Price: $3,245,000

Cap Rate
6.65%
Number of Units
12
GRM
11.16
Occupancy
95.0%
Price/Unit
$270,417
Price/Gross SF
$237.10
Gross SF
13,686

Investment Highlights

  • Strong Market Fundamentals & Low Vacancy Rates
  • Attractive Cash Flow & Value-Add Potential
  • Prime Location with Strong Employment Drivers

Investment Overview

Marcus & Millichap is pleased to present 10760 W. 8th Ave & 10765 W. 7th Pl, a 12-unit property located in Lakewood, CO. This well-maintained multi-family asset offers an excellent opportunity for both seasoned and first-time investors. Situated in a highly desirable location, the property benefits from strong demand in the Lakewood rental market, providing potential for stable cash flow and long-term appreciation. The convenient access to major roadways, including I-70, make it an attractive option for residents. Additionally, the location provides easy access to a variety of nearby retail, dining, and entertainment options, as well as proximity to outdoor recreational opportunities such as parks and hiking trails. With a strong rental history and solid occupancy rates, 10760 W. 8th Ave & 10765 W. 7th Pl presents a rare opportunity to acquire a well-positioned asset in a growing market. The property's strong fundamentals, combined with the potential for value-add improvements and rent increases, make this a compelling investment opportunity.

Exclusively Listed By

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