Address
1201 Brentwood Street, Lakewood, CO
Price
$ 1,350,000
Property Attributes
- MLS#5312588
- TypeCommercial
- Listing Status Active
- CountyJEFFERSON
- CityLakewood
- Zip80214
- StyleLow Rise (1-3)
- Year Built1960
- Taxes$ 8919
- Price$ 1,350,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5946
- Lot Size0.29 Acres
Data Source:
REColorado (MTOMLS)
Property 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.
| Price History | |
|---|---|
| 5/5/2026 | Listed $1,350,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Roof | Shingle |
| Construction Materials | Frame |
| Exclusions | Tenant's Personal Property and Seller's Personal Property |
| Year Built | 1960 |
| Property Subtype | Multi Family |
| Tax Year | 2024 |
| Current Use | Multi-Family |
| Gross Income | 120684 |
| County | Jefferson |
| Operating Expense | 44171 |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Building Features | Coin Laundry,Laundry |
| Status | Active |
| City | Lakewood |
| Number Of Units Total | 8 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 12545 |
| Tax Annual Amount | 8919 |
| NumberOfUnitsVacant | 2 |
| Leasable Area | 5946 |
| Structure Type | Low Rise (1-3) |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Cap Rate | 6.69 |
Exterior Features
| Total Parking | 8 |
|---|---|
| Lot Size Area | 12545 |
| Building Area Total | 5946 |
| Lot Size Acres | 0.29 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 80214
Price
Taxes
Year Built
Visits
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than Luxe Haven Realty LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. September 25, 2026 9:56 PM UTCd
