Introducing CEDAR ARMS, a charming 7-unit apartment community nestled at 206 S Pierce Street in Lakewood, CO. This property, featuring 2-bedroom, 1-bath units of around 900 sqft each, offers a lucrative investment opportunity with modern amenities and recent renovations. The exterior boasts low-maintenance brick construction with a new roof, while interiors showcase updated kitchens with newer appliances, LVP flooring, and more. Residents enjoy ample closet space, a well-maintained laundry facility, and abundant parking on the premises. Conveniently located just five miles west of downtown Denver and a mile east of Belmar Redevelopment, Cedar Arms is an ideal fit for hands-on owners looking for great returns. With a solid rent schedule and a prime location near shopping districts, this property stands out as a promising prospect in Lakewood's real estate market.
