7520-7532 W 13th AVE, Lakewood, CO 80214
7520-7532 W 13th AVE, Lakewood, CO 80214
7520-7532 W 13th AVE, Lakewood, CO 80214
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$1,395,000
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0.28 Acres Lot
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7520-7532 W 13th AVE Lakewood, CO 80214

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Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 8502273

HOA Y/N No

Year Built 1960

Lot Size 0.276 Acres

Acres 0.28

Property Sub-Type Multi Family

Property Description

Lakewood Station Apartments, located at 7520–7532 W 13th Avenue, is a fully occupied 7-unit apartment community in Lakewood. Built in 1960 and renovated in 2016, the property features a desirable side-by-side layout with front and back doors and a unit mix consisting primarily of two-bedroom apartments. Recent improvements include updated electrical with 100+ amp GE panels, exterior paint and signage, landscaping, laundry room improvements, interior updates, and a 2016 roof. Gas and electric are separately metered with tenants paying direct.

The property is well-located near light rail in a growing Lakewood location and has demonstrated strong historical income. Additional storage space provides potential for increased revenue, while the opportunity to add in-unit laundry offers investors a clear path to further improve the property and drive additional value.

Highlights:

Attractive side by side layout with front & back doors
Growth location near Light Rail
Recent updates include electrical (GE panels 100+ amps/unit), exterior paint/signage, gravel/turf, laundry room, roof 2016, interior updates
Fully occupied; strong historical income
Separately metered gas/electric - tenants pay direct
Additional storage space with income potential
Value add potential by adding in unit laundry

Location

State CO

County Jefferson

Exterior

Private Pool No

Building

Sewer Public Sewer

Others

Tax ID 052287


REColorado MLS
Listed byNorthPeak Commercial Advisors, LLC

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Metro Brokers Inc

Metro Brokers Inc

+1(720) 704-0606

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7520-7532 W 13th AVE