1600 & 1601 Garland & Garrison Street
Lakewood, CO 80226
16164 sqft | #2178426
Description
MMG is pleased to present the opportunity to purchase 1600-1604 Garland St & 1601 Garrison St, a 22-unit multifamily portfolio. This asset features an exceptional unit mix, attracting a diverse tenant demographic and providing strong leasing potential. Investors can execute a value-add strategy through unit renovations, introduce a utility bill-back system to optimize operating expenses, and
stabilize rental rates to align with the competitive market. These enhancements will position the property for maximized cash flow
and long-term asset appreciation in a high-demand Lakewood submarket.
Property Details
- Sewer InformationPublic Sewer
- Property SubtypeMulti Family
- Original List Price$4,250,000
- CountyJefferson
- Property TypePurchase
- Taxes Annual$17,322
- MLS #2178426
- Cost3950000
- MLS #2178426
- Square Feet16164
- Year Built1962
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Jason Koch (#REC17489N)
Listing Office: MMGREA LLC (#RECM3808)
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