Skip to main content

Multifamily

Center Apartments

5269 W Center Ave, Lakewood, CO 80226

Listing Price: Request For Offer

Number of Units
14
Occupancy
95.0%
Gross SF
12,600

Investment Overview

Marcus & Millichap is pleased to present Center Apartments, a 14-unit multifamily property in Lakewood, Colorado consisting of large two-bedroom units. Center Apartments has undergone significant capital upgrades, including unit renovations and exterior renovations. Units have been impeccably maintained throughout the years and include newer cabinets and countertops, ceiling fans, updated plank flooring, and desirable bathroom fixtures.

Residents at Center Apartments enjoy living in the central Lakewood area with direct access to Sheridan Boulevard which offers easy access to multiple major highways/interstates including I-70, I-25, & Hwy-85. Lakewood has already seen major developments in recent years, including Belmar, and is promised to be a significant focus of development in coming years. Across all metrics Center Apartments shows
favorable returns and substantial upside potential with minimal renovation needs. This property is a great asset for any investor to add to their portfolio.

Investment Highlights

  • Wide-Ranging Interior and Exterior Unit Upgrades
  • Excellent Upside Potential Remains to Increase the NOI Significantly
  • Central Lakewood Location Minutes from the New Belmar Development

Exclusively Listed By

Financing By

Multifamily

Center Apartments

Listing Price: Request For Offer

Number of Units
14
Occupancy
95.0%
Gross SF
12,600

Investment Highlights

  • Wide-Ranging Interior and Exterior Unit Upgrades
  • Excellent Upside Potential Remains to Increase the NOI Significantly
  • Central Lakewood Location Minutes from the New Belmar Development

Investment Overview

Marcus & Millichap is pleased to present Center Apartments, a 14-unit multifamily property in Lakewood, Colorado consisting of large two-bedroom units. Center Apartments has undergone significant capital upgrades, including unit renovations and exterior renovations. Units have been impeccably maintained throughout the years and include newer cabinets and countertops, ceiling fans, updated plank flooring, and desirable bathroom fixtures.

Residents at Center Apartments enjoy living in the central Lakewood area with direct access to Sheridan Boulevard which offers easy access to multiple major highways/interstates including I-70, I-25, & Hwy-85. Lakewood has already seen major developments in recent years, including Belmar, and is promised to be a significant focus of development in coming years. Across all metrics Center Apartments shows
favorable returns and substantial upside potential with minimal renovation needs. This property is a great asset for any investor to add to their portfolio.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower