1650 Vance Street, Lakewood, CO, 80214

Property Features Very Attractive Financing: 3.22% Assumable Loan Fixed Through May 1, 2026 Multiple Income Sources: (3) Adjacent 4-Plexes + (10) Garages + Large Workshop Potential Covered-Land Play: Excellent Zoning (R-MF) on 0.64 Acres Allows for a 48 Unit Apartment Redevelopment Opportunity to Split Property Into (3) 4-Plexes & Sell Off Individual 4-Plexes Many Recent Capital Improvements Including New: Windows, Electrical Panels, Exterior Paint & Numerous Interior Updates 6.09% Proforma CAP Rate City Mandated Residential Growth Restrictions Will Rapidly Increase Rents & Values in Lakewood Proforma Rents Already Being Achieved Short Walk to Wadsworth Light Rail Station, Large Retail, Restaurants and Employment Centers