Property Attributes
- MLS#6741038
- TypeCommercial
- Listing Status Active
- CountyJEFFERSON
- CityLakewood
- Zip80214
- StyleLow Rise (1-3)
- Year Built1960
- Taxes$ 19164
- Price$ 2,425,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12544
- Lot Size0.67 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Located in the highly desirable Denver west-suburban market of Lakewood, Club Apartments is a 17-unit multifamily community offering investors a well-maintained asset with immediate operational upside and long-term appreciation potential. The property consists of a mix of studio, one-bedroom, and two-bedroom apartments totaling approximately 11,602 rentable square feet on a 0.52-acre site. The offering presents an opportunity to acquire a stabilized workforce housing asset in a supply-constrained submarket with strong renter demand, convenient access to downtown Denver, major employment centers, public transportation, and the growing amenities of the West Colfax corridor. Current ownership has maintained strong occupancy while demonstrating the ability to achieve rental premiums through unit upgrades and improved operations. Club Apartments represents an attractive basis acquisition relative to many competing multifamily opportunities currently available throughout the Denver metro area. Following a period of elevated apartment deliveries across the region, new supply is expected to moderate significantly in the coming years as construction starts have slowed. As excess inventory is absorbed and market fundamentals continue to improve, ownership is well positioned to benefit from future rent growth and increasing cash flow. Investors have the opportunity to acquire a quality asset today while capitalizing on favorable long-term market dynamics within one of Denver’s most established and desirable rental submarkets.
| Price History | |
|---|---|
| 7/14/2026 | Listed $2,775,000 |
| 7/27/2026 | 4$2,675,000 |
| 8/28/2026 | 4$2,575,000 |
| 9/18/2026 | 6$2,425,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Year Built | 1960 |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| Current Use | Multi-Family |
| Gross Income | 253090 |
| Building Name | The Club Apartments |
| County | Jefferson |
| Operating Expense | 90964 |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Status | Active |
| City | Lakewood |
| Number Of Units Total | 17 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 29011 |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 19164 |
| Lease Considered Y/N | No |
| Structure Type | Low Rise (1-3) |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Cap Rate | 6.69 |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 34 |
| Lot Size Area | 29011 |
| Building Area Total | 12544 |
| Lot Size Acres | 0.67 |
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
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