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Listed price in listed location currency (USD).
$1,350,000

008

MLS® 5312588

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $8,919
Days Active 8
Lot Size 
Approx. Age 1960
MLS® Number 5312588

Property Address: 1201 Brentwood St, Lakewood, CO, 80214-4016

Average square foot calculated using Size range provided by listing agent.

Description

6.69% proforma cap rate • 8-unit multifamily • Eiber neighborhood, Lakewood. Stabilized 8-unit apartment community in Lakewood's Eiber neighborhood offering immediate cash flow and rent growth potential. Current gross rents of $124, 416/yr are below market at $136, 800/yr proforma — a built-in value-add opportunity without renovation required. NOI of $90, 310 and pre-tax cash flow of $32, 034 based on 60% LTV financing at 6.0%. Priced at $168, 750/unit and $281/SF on a 12, 500 SF lot. Unit mix: four 1BD/500 SF at $1, 080 current ($1, 200 market) and four 2BD/700 SF at $1, 512 current ($1, 650 market). Located in the Eiber neighborhood with direct access to the Garrison light rail station (W Colfax line) and quick connections to I-70 and US-6. Mint & Serif Coffee and Brynmor Coffee within 0.4 mi on Carr St. Natural Grocers on W Colfax within 0.7 mi. Sloan's Lake Park 2.5 mi east; Crown Hill Park 1.5 mi north. 40 West Arts District nearby on Colfax. Downtown Denver approx. 15 min. Jefferson County. Jeffco Public Schools district.
MLS® Number5312588
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 5, 2026List Date
$1,350,000List Price

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