Address
10500 W 8th Avenue Lakewood, CO
Price
$ 1,225,000
Property Attributes
  • MLS#5367003
  • TypeContingent
  • CountyJEFFERSON
  • CityLakewood
  • Zip80215
  • StyleDetached
  • Year Built1960
  • Taxes7076
  • Price$ 1,225,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4620
  • Lot Size0.44 Acres
Listing Provided Courtesy Of:
Aqyre Real Estate Advisors, LLC
Property Description

Great investment for an owner/operator looking for an updated and low-maintenance property in an Opportunity Zone that will run at over a 5.5% CAP. This 8-Unit building consists of all one bedroom apartments with 16 parking spaces. Recent updates include a high efficiency boiler, hot water heater, vinyl windows, real oak flooring, carpeting, cabinets, countertops and appliances. Residents are a short drive to shopping and entertainment at Belmar and Colorado Mills. The sale includes two separate lots, with the building sitting on one and 16 parking spaces on the other. Huge potential for future development on the second lot.

Price History
11/30/2020 Listed $1,225,000

General Features

Architectural Style Detached
Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Current Use MultiFamily
Garage Spaces 0.0
Garage Y/N No
Property SubType MultiFamily
Property Type CommercialSale
Roof Membrane
Sewer PublicSewer
Special Listing Conditions None
Total Units 8

Exterior Features

Building Area Total 4620.0
Covered Spaces 0.0
Lot Size Acres 0.44
Lot Size Area 0.44
Lot Size Square Feet 19125.0
Lot Size Units Acres
Road Surface Type Paved
Total Parking 16.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80215

Price
AVG $470K
$1.23M
Taxes
AVG $2,366
$7,076
Visits
AVG 31
7
Year Built
AVG 1963
1960
Walkscore
AVG 45
36
Data Provided by Walkscore ® not using MLS data

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