Lindsay Weaver - Coldwell Banker Distinctive Properties
5480 W 4th Avenue
Lakewood, CO 80226

$1,000,000

Description

5480-5492 West 4th Avenue is a 7-unit apartment community located in Lakewood, Colorado. The property was built 1962 and consists of all two-bedroom/one-bathroom units. Value-Add Opportunity, Individually Metered for Gas & Electric, on-site income producing laundry facility, 20 Parking Spaces, Pitched Roof; Composite Shingle, Solid Brick Construction, Common Area Courtyard for Tenants, Minutes from Downtown Denver & Belmar. Current rents are $1000, market rent is $1200+. Property is currently 100% occupied, all tenants are MTM. DO NOT DISTURB THE TENANTS, PROPERTY TOUR ARE BY APPOINTMENT ONLY.

Details

MLS#9168398
StyleIndustrial
Sub-TypeResale
StatusActive
Year1962
Days On Site41

Features

SQ Feet5,198
Story(s)1
Units7
ZoningM-R-S

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Area Information

StateCO
CountyJefferson
CityLakewood
Zip Code80226
AreaJefferson
Listing VS Median (in 80226)
Price:
$1,000,000
low | high
Med:
$425,000
100% of Average
SqFt:
5,198
low | high
Med:
1,981
100% of Average
$ / SqFt:
$192
low | high
Med:
$221
35.118775262743% of Average
On Site:
41
low | high
Med:
31.5
100% of Average
Listing Updated: 09/23/2018
MLS Number: 9168398
Listing Provided By:
Clayton Primm  of  MARCUS MILLICHAP INC
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