Lakewood, CO 80214

Property Description

NorthPeak Commercial Advisors is pleased to present 5881-5895 W 11th Avenue for sale. This seven unit multifamily asset lies in the heart of Lakewood, Colorado and offers a diverse unit mix of one bedroom, two bedroom and three bedroom units. This multifamily asset sits in a quiet, residential location that is also clearly in the path of progress. To the east are several newer developments, most notably the 28,000 SF Dry Gulch Condominiums, built in 2022. The property offers tenants private outdoor spaces, ample parking and a well maintained, 1/3 acre lot zoned R-4 for future development considerations. At $1,125,000, this property is aggressively priced at just over $160,000/unit and $198/SF. Private showings can be arranged through the listing team.