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Multifamily

Lakewood Crossing

1852 S Wadsworth Blvd, Lakewood, CO 80232

Listing Price: Request For Offer

Number of Units
54
Occupancy
95.0%
Gross SF
55,400

Investment Overview

Marcus & Millichap is pleased to present Lakewood Crossing, a 54-unit multifamily community located in Lakewood Colorado. Lakewood Crossing provides investors an opportunity to acquire a proven value-add property in one of metro Denver’s top performing submarkets. Built in 1971, the property features a complementary mix of (18) onebedroom and (36) two-bedroom units. The property has been well maintained by current ownership offering a new owner the opportunity to finish the renovations for additional income. Additionally, the property features ample amenities such as a clubhouse, swimming pool, grilling stations, and a playground. The property is surrounded by major employment centers including the Denver Federal Center, Union Business Corridor, St. Anthony Hospital, and Colorado Christian University.

Investment Highlights

  • The Lakewood submarket in one of the most supply constrained submarket within Metro Denver due to a 1% Growth-Cap Housing Ordinance which passed in 2019 and remains instated until 2026.
  • In addition to nearby walkable restaurants and shops, Lakewood Crossing is located just five minutes from the Belmar Shopping District providing residents with convenient access to dining options.
  • Lakewood Crossing Apartments offers significant upside potential through value-add opportunities.

Exclusively Listed By

Multifamily

Lakewood Crossing

Listing Price: Request For Offer

Number of Units
54
Occupancy
95.0%
Gross SF
55,400

Investment Highlights

  • The Lakewood submarket in one of the most supply constrained submarket within Metro Denver due to a 1% Growth-Cap Housing Ordinance which passed in 2019 and remains instated until 2026.
  • In addition to nearby walkable restaurants and shops, Lakewood Crossing is located just five minutes from the Belmar Shopping District providing residents with convenient access to dining options.
  • Lakewood Crossing Apartments offers significant upside potential through value-add opportunities.

Investment Overview

Marcus & Millichap is pleased to present Lakewood Crossing, a 54-unit multifamily community located in Lakewood Colorado. Lakewood Crossing provides investors an opportunity to acquire a proven value-add property in one of metro Denver’s top performing submarkets. Built in 1971, the property features a complementary mix of (18) onebedroom and (36) two-bedroom units. The property has been well maintained by current ownership offering a new owner the opportunity to finish the renovations for additional income. Additionally, the property features ample amenities such as a clubhouse, swimming pool, grilling stations, and a playground. The property is surrounded by major employment centers including the Denver Federal Center, Union Business Corridor, St. Anthony Hospital, and Colorado Christian University.

Exclusively Listed By

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