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1285-1295 Ammons St.

Lakewood, Colorado 80214

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Price
$2,300,000
Property Type
Multifamily
# of Units
10
Building Size
10,220 SQFT
Lot Size
19,950 SQFT
Year Built
1961

Description

1285-1295 Ammons is a 10-unit investment property in a high growth submarket. The buildings were constructed in 1961 and have had extensive recent improvements including boilers, water heaters, windows, and electrical. There is also a diverse unit mix that will perform well in all markets, consisting of two (2) – 1Bd/1Ba, four (4) 2Bd/1Ba, and four (4) – 3Bd/1Ba. The units are well maintained with dishwashers and achieving strong rents.

This deal is located in a high growth submarket with walkability to the Wadsworth Light Rail Station. There has been large scale redevelopment in the area including class A apartments, retail, and townhomes. For the right investor, this is an opportunity to buy a deal in a great location that will continue to improve over time.

Highlights

  • High growth location with walkability to Wadsworth Light Rail Station
  • Recent updates include boilers, water heaters, windows, and electrical
  • Well maintained units with dishwashers; achieving strong rents
  • Separately metered electric - tenants pay direct

Brokers

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Hunter Schaefer

. Senior Advisor
(925) 989-8930.
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Jack Sherman

. Senior Advisor
(303) 903-9638.

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