10745 & 10775 West 13th Avenue

Lakewood, CO 80215

  • 16 beds
  • 8 baths
  • 6,600 sq ft
  • 0.41 acres lot

$790,000

$790,000

  • Sold
  • MLS 3066980

PROPERTY DESCRIPTION

Unparalleled Light Rail Access The property is less than a block from the Oak Light Rail Station on the West Corridor Line providing residents with direct access to the Denver Federal Center, the Jefferson County Government Center, downtown Denver, and the Southwest and Southeast light rail lines. High Barriers to Entry In the City of Lakewood, a lack of available land sites coupled with an extraordinarily difficult city approval process have resulted in no new multifamily developments since 2001 outside of the Belmar redevelopment. In nearby Golden, not a single market-rate multifamily property has been built since 1995. Proven Value-Add Opportunity The seller of the property has initiated a value-add unit renovation project that demonstrates significant upside to the purchaser. Currently 25% of the units have been renovated with new appliances, granite counter tops, floors, and cut out kitchen walls. These renovated units are achieving rent premiums between 15-25%.

PRESENTED BY

JUSTIN HUNT with APARTMENT REALTY ADVISORS

Essential Information

  • MLS
    3066980
  • Structural Style
    Multi-Story
  • Square Feet
    6,600 sq. ft.
  • BedsTotal
    16
  • Property Type
    Income
  • Architectural Style
    N/A
  • List Price
    $790,000
  • BathsFull
    N/A
  • Property SubType
    Income
  • Year Built
    1980
  • Status
    Sold
  • BathsHalf
    N/A

Interior Details

  • Basement Type
    N/A
  • Basement Floor Type
    N/A
  • Interior Features
    Remodeled
  • Basement Size
    Full
  • Basement Square Foot
    N/A
  • Flooring
    N/A

Exterior Details

  • Construction
    Frame
  • Materials
    Wood Siding
  • Roof
    Composition Shingles

Amenities

  • Cooling
    Ceiling Fan
  • Fireplaces
    N/A
  • Fireplace Features
    N/A
  • Exterior Features
    N/A
  • Fencing
    N/A
  • Sewer
    N/A
  • Heating
    Baseboard
  • Fireplace Locations
    N/A
  • Kitchen Appliances
    N/A
  • View
    N/A
  • Parking Count
    N/A

Finance

  • Tax Amount
    $2,167
  • Association Fee Annual
    N/A
  • Tax Year
    2012
  • Fee Frequency
    N/A

School Information

  • School District
    Jefferson County R-1
  • Elementary
    Elber
  • Middle / Junior
    Creighton
  • HighSchool
    Lakewood

Community Information

  • City
    Lakewood
  • County
    Jefferson
  • Association Fee Includes
    N/A
  • Neighborhood
    Lakewood
  • State
    CO

Sold History

  • MLS Number: 3066980
    Closed on May 23 2014 for $790,000

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This content last updated on 09/14/2016 12:20AM. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.