$6,200,000
For Sale

5275 W 1st Avenue

Lakewood, CO 80226
29770 sqft | 1.34 acres | #3061304
Listing OfficePinnacle Real Estate Advisors
Type:Purchase
Structure:5+ Family
Zone:Commercial

Description

• PRICE REDUCED!
• Great Unit Mix & Mostly 2Bd Units
• 6.35% Current CAP Rate!
• Recent Capital Improvements Include: Newer Windows and Sewer Line, Exterior Painting and Lighting & Newer Roof
• Huge 1.34 Acre Lot
• Large Storage Area with Potential to Add 3 Studio Units
• Less than 2 Miles from Belmar Shopping District
• Quick Access to Sheridan Blvd & 6th Avenue Freeway
• On-Site Fenced-In Dog Run
• 26 Covered Carport Parking Spaces & 30 Off-Street Parking Spaces
• Can be Purchased with 1360 Zephyr Street & 717 Oak Street

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Conne
      • Lot DescriptionNear Public Transit
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti-Family
      • Original List Price$6,400,000
      • CountyJefferson
      • Property TypePurchase
      • Taxes Annual$37,598
      • MLS #3061304
      • Cost6200000
      • MLS #3061304
      • Utility SourcePublic
      • Square Feet29770
      • Acres1.34
      • Year Built1961

Location

Hanover CommercialReal Estate Group

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Interest Rate

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6.0%

Tax Rate

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2.6%
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