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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8003057
HOA Y/N No
Originating Board recolorado
Year Built 1980
Annual Tax Amount $8,336
Tax Year 2023
Property Sub-Type Multi-Family
Property Description
MMG is pleased to present Kendall Apartments, an investment opportunity in the thriving Sloan's Lake/Edgewater neighborhood, just west of Denver. This 9-unit multifamily property features a highly desirable unit mix of spacious two-bedroom units, ensuring broad tenant appeal and consistent demand. Each unit is separately metered for gas and electric, significantly reducing utility expenses and enhancing operational efficiency. Situated on 29,000 SF of high-density multifamily zoning, the property is exempt from Lakewood's 1% growth restriction, offering substantial redevelopment potential and future appreciation. All units have been updated to meet modern standards, and the roof was replaced in 2023, minimizing immediate capital expenditures and ensuring a hassle-free investment. This well-maintained asset, strategically located in a vibrant neighborhood, promises strong tenant demand and excellent upside potential, making it an ideal addition to any commercial real estate portfolio.
Location
State CO
County Jefferson
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by MMGREA LLC • Nexus@gmail.com
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