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1045 Balsam St
Lakewood, CO 80214 West Denver

$2,300,000 USD

Apartments For Sale  •  8,590 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,590 SF
  • Lot Size 0.46 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 6.00 %
  • Zoning R-4, Lakewood
47 Transit Score
62 Walk Score

Highlights

Above average unit sizes with 2 bathrooms in 2bedroom units
Already achieving pro forma rents
Private balconies for each unit (some units with 2 balconies)
Separate metered electric
Multiple laundry rooms on-site
Newer roof

Property Flyers

Cap Rate: 6.00 %

Amenities

  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
Arvada Ridge Station Track 1 (Union Station to Wheat Ridge Ward Station - Regional Transportation District) 12 min - 5.9 mi
Arvada Ridge Station Track 2 (Union Station to Wheat Ridge Ward Station - Regional Transportation District) 12 min - 5.9 mi
Transit/SubwayDriveWalkDistance
Lakewood/Wadsworth (W Line - Denver Regional Transportation District Light Rail (TheRide)) 1 min 12 min 0.6 mi
Garrison (W Line - Denver Regional Transportation District Light Rail (TheRide)) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Denver International 41 min - 31.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Surface
Included in Rent: Yes
Jack Sherman 303-903-9638 NorthPeak Commercial Advisors
Jack Sherman 303-903-9638 NorthPeak Commercial Advisors