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Multifamily

10775 W 13th Ave

10775 W 13th Ave, Lakewood, CO 80215

Listing Price: $970,000

Cap Rate
6.93%
Number of Units
4
GRM
12.63
Occupancy
100.0%
Price/Unit
$242,500
Price/Gross SF
$303.12
Gross SF
3,200

Investment Overview

Marcus & Millichap is pleased to present 10775 W 13th Ave, a well-maintained multifamily investment opportunity located in the highly desirable Lakewood submarket of the Denver metropolitan area. Built in 1981, the property offers a rare newer-vintage construction compared to the majority of Denver-area apartment assets and has been extensively updated with modern interior finishes, including new cabinetry, countertops, luxury vinyl plank flooring, bathroom vanities, bathtubs, and contemporary fixtures. The all-electric property also features a zero-scaped exterior, providing investors with a low-maintenance ownership opportunity.

Positioned just minutes from Downtown Denver, Downtown Golden, the Denver Federal Center, and the
Oak Station RTD W Line, the property benefits from strong tenant demand driven by convenient access to major employment centers, transit, shopping, dining, and outdoor recreation. With approximately $200 per unit in achievable rental upside, minimal deferred maintenance, and pricing below today’s replacement cost, 10775 W 13th Ave offers investors the opportunity to acquire a turnkey asset with immediate cash flow and meaningful long-term appreciation potential in one of the Denver metro area’s strongest rental markets

Investment Highlights

  • Rare 1981 construction with modern interior updates
  • Transit-oriented accessibility
  • Acquire below replacement cost with low-maintenance operations
  • Minimal deferred maintenance
  • Turnkey investment with immediate rental upside

Exclusively Listed By

Multifamily

10775 W 13th Ave

Listing Price: $970,000

Cap Rate
6.93%
Number of Units
4
GRM
12.63
Occupancy
100.0%
Price/Unit
$242,500
Price/Gross SF
$303.12
Gross SF
3,200

Investment Highlights

  • Rare 1981 construction with modern interior updates
  • Transit-oriented accessibility
  • Acquire below replacement cost with low-maintenance operations
  • Minimal deferred maintenance
  • Turnkey investment with immediate rental upside

Investment Overview

Marcus & Millichap is pleased to present 10775 W 13th Ave, a well-maintained multifamily investment opportunity located in the highly desirable Lakewood submarket of the Denver metropolitan area. Built in 1981, the property offers a rare newer-vintage construction compared to the majority of Denver-area apartment assets and has been extensively updated with modern interior finishes, including new cabinetry, countertops, luxury vinyl plank flooring, bathroom vanities, bathtubs, and contemporary fixtures. The all-electric property also features a zero-scaped exterior, providing investors with a low-maintenance ownership opportunity. Positioned just minutes from Downtown Denver, Downtown Golden, the Denver Federal Center, and the Oak Station RTD W Line, the property benefits from strong tenant demand driven by convenient access to major employment centers, transit, shopping, dining, and outdoor recreation. With approximately $200 per unit in achievable rental upside, minimal deferred maintenance, and pricing below today’s replacement cost, 10775 W 13th Ave offers investors the opportunity to acquire a turnkey asset with immediate cash flow and meaningful long-term appreciation potential in one of the Denver metro area’s strongest rental markets

Exclusively Listed By

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