Listing Provided By: Arend K. Accola with Altos Realty Advisors
Well maintained and fully occupied 24 - unit building in the Heart of Lakewood. Presented at a current 4.8% cap rate with the ability to achieve a 5.3%+ return in the near term. The property consists of all a mix of 12 one-bedroom units & 12 two- bedroom units. The property has extra income potential with large storage lockers located in the basements. The building is conveniently located within a short walking distance of Alameda High school, numerous restaurants, parks and shops and is very popular for long term family renters.
- Price:
- $4,350,000
- Square Footage:
- 19,656
- Year Built:
- 1962
- Listing ID #:
- 5923441
- Street Address:
- S 1160-1198 Allison St
- City:
- Lakewood
- State:
- Colorado
- Postal Code:
- 80232
- County:
- Jefferson
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Construction Description:
- Brick
- Dwelling Type:
- Low Rise
- Features:
- Storage
- Number Of Floors In Unit:
- Two
- Number Of Units:
- 24
- Stories:
- 2
- Style:
- Low Rise
- Total Building Square Footage:
- 19656
- Type Of Roof:
- Composition
- Year Built:
- 1962
- Gross Income:
- 321788
- Operating Expense:
- 123129
- Documents On Hand:
- Lease
- Existing Land Use:
- Multi-Family
- Road Type:
- Paved
- Days On Market:
- 65
- Excluded:
- Tenants Personal Property
- Originating Mls:
- Reco
- Previous Listing Price:
- 4500000
- Terms:
- Cash, Conventional
- Property Taxes:
- $7,275
- Tax Year:
- 2021
- Laundry:
- Coin-Operated
- Existing Water:
- Public
- Sewage Type:
- Public Sewer
|
$
|
|
|
$
|
|
|
%
|
|
|
$
|
|
|
$
|
|
|
$
|
|
The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Arend K. Accola with Altos Realty Advisors
Similar Properties
$3,950,000
895 Laredo St, Aurora, CO 80011
28,202 SqFt
-- Beds | -- Baths
Listing Provided By Keller Williams DTC | MLS# 2859287
ACTIVE
