Multifamily
5530 W 3rd Pl
5530 W 3rd Pl, Lakewood, CO 80226
Listing Price: $825,000
Investment Overview
5530 W 3rd Pl presents investors with the opportunity to acquire a well-located workforce housing asset in the central Lakewood corridor with a clear path to income growth through below-market in-place rents. With rents materially below renovated comparable properties, a new owner can achieve meaningful NOI expansion through modest interior improvements and natural lease rollover, delivering early yield growth within a stable renter demand segment.
5530 W 3rd Pl
Investment Highlights
- Workforce housing with attainable rents around $1,300, offering affordability in West Denver near major employment hubs.
- All two-bedroom units enable a consistent, repeatable renovation plan that minimizes complexity.
- Priced at $206,250/unit, offering an attractive entry point with strong value-add and rent-growth potential.
Exclusively Listed By
Listing Price: $825,000
Investment Highlights
- Workforce housing with attainable rents around $1,300, offering affordability in West Denver near major employment hubs.
- All two-bedroom units enable a consistent, repeatable renovation plan that minimizes complexity.
- Priced at $206,250/unit, offering an attractive entry point with strong value-add and rent-growth potential.
Investment Overview
5530 W 3rd Pl presents investors with the opportunity to acquire a well-located workforce housing asset in the central Lakewood corridor with a clear path to income growth through below-market in-place rents. With rents materially below renovated comparable properties, a new owner can achieve meaningful NOI expansion through modest interior improvements and natural lease rollover, delivering early yield growth within a stable renter demand segment.
Exclusively Listed By
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