1160 1198 S Allison Street, Lakewood, CO, 80232
  • $4,500,000

Overview

Property ID: HZ5923441
  • CommercialSale, MultiFamily
  • Property Type
  • 1962
  • Year Built

Description

Altos Realty Advisors, Inc. proud to offer this well maintained and fully occupied 24 – unit building in the Heart of Lakewood.
Presented at a current 4.8% cap rate with the ability to achieve a 5.3%+ return in the near term. The property consists of all a mix of 12 one-bedroom units & 12 two- bedroom units. The property has extra income potential with large storage lockers located in the basements.

The building is conveniently located within a short walking distance of Alameda High school, numerous restaurants, parks and shops and is very popular for long term family renters.

  • Address: 1160 1198 S Allison Street
  • City: Lakewood
  • State/county: Jefferson
  • Zip/Postal Code: 80232

Details

Updated on January 21, 2023 at 4:30 am
  • Property ID HZ5923441
  • Price $4,500,000
  • Year Built 1962
  • Property Type CommercialSale, MultiFamily
  • Property Status Active

Additional details

  • PropertySubType MultiFamily
  • Tax Year 2021
  • Architectural Style LowRise
  • Road SurfaceType Paved
  • Construction Materials Brick
  • Roof Composition
  • Laundry Features Coinoperated
  • LotSizeUnits Acres
  • Building Features Storage

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