11090 W Colfax AVE new to site

Lakewood,CO 80215

$ 3400000

- Bed

- Bath

12430 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,430 sqft

Price per Sqft $273

MLS Listing ID 9703637

HOA Y/N No

Year Built 1950

Annual Tax Amount $6,378

Tax Year 2024

Lot Size 1.458 Acres

Acres 1.46

Property Sub-Type Multi Family

Source recolorado

Property Description

11090–11100 W. Colfax Avenue is an incredible opportunity for investors to purchase a fully renovated, fully furnished apartment community generating significant returns. Priced above a 10 cap, the property offers tenants short, medium., and longer term rentals that offer flexibility while maximizing cash flow to ownership.

Each unit comes furnished with a flat screen tv, full kitchen, couch and bed/bedding. Tenants appreciate that rent is inclusive of high speed internet, all utilities and the property is safe and well maintained.

Priced at just 136k/unit for fully renovated, fully furnished one bed/one bath townhomes (and two studio units), 11090 W Colfax represents a property with real cash flow and additional upside.

SALE INCLUDES TWO SEPERATELY DEEDED PROPERTIES AT 11090 W COLFAX AVE AND 11100 W. COLFAX AVE, BUT MLS LISTING ONLY SHOWS ONE OF THE TWO PROPERTY ADDRESSES.
PLEASE EMAIL SCOTT FETTER AND JOE HORNSTEIN AT HFTEAM@NORTHPEAKCRE.COM WITH ANY QUESTIONS OR TO SCHEDULE A PROPERTY TOUR. PROPERTY IS 100% OCCUPIED SO ANY TOURS MUST BE SCHEDULED WITH LISTING BROKERS AT LEAST 24-48 HOURS IN ADVANCED. NO PROPERTY TOURS ON WEEKENDS.

SCOTT FETTER: SCOTT@NORTHPEAKCRE.COM / 720-470-3646
JOE HORNSTEIN: JOE@NORTHPEAKCRE.COM / 720-939-2943

Location

State CO

County Jefferson

Zoning M-G-S

Interior

Fireplace N

Exterior

Utilities Available Cable Available,Electricity Available,Electricity Connected

Roof Type Composition

Total Parking Spaces 40

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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