Multifamily

730-740 Moore Street

730 Moore St, Lakewood, CO 80215

Listing Price: $1,899,000

Cap Rate
5.34%
Number of Units
10
Price/Unit
$189,900
Price/Gross SF
$237.38
Gross SF
8,000

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 730-740 Moore Street, a 10-unit apartment community in Lakewood, Colorado. Built in 1961, the subject property offers a rare and desirable mix of all two-bedroom/one-bathroom floorplans. Located in Lakewood just a 15-minute drive from downtown Denver, residents have easy access to plenty of shopping and dining options as well as local parks and open space. Residents also enjoy community amenities including on-site laundry and ample off-street parking.

Investment Highlights

  • 10.02% Proforma Cash-on-Cash Return
  • Proven Value-Add with the Ability to Increase NOI By $25,000 in Year 1
  • All Large 2-Bedroom Units with Updates to Kitchens, Baths, and Flooring

Exclusively Listed By

Multifamily

730-740 Moore Street

Listing Price: $1,899,000

Cap Rate
5.34%
Number of Units
10
Price/Unit
$189,900
Price/Gross SF
$237.38
Gross SF
8,000

Investment Highlights

  • 10.02% Proforma Cash-on-Cash Return
  • Proven Value-Add with the Ability to Increase NOI By $25,000 in Year 1
  • All Large 2-Bedroom Units with Updates to Kitchens, Baths, and Flooring

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 730-740 Moore Street, a 10-unit apartment community in Lakewood, Colorado. Built in 1961, the subject property offers a rare and desirable mix of all two-bedroom/one-bathroom floorplans. Located in Lakewood just a 15-minute drive from downtown Denver, residents have easy access to plenty of shopping and dining options as well as local parks and open space. Residents also enjoy community amenities including on-site laundry and ample off-street parking.

Exclusively Listed By

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