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1360 Zephyr St
Lakewood, CO 80214

$2,115,000 USD

Apartments For Sale  •  7,008 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,008 SF
  • Lot Size 0.63 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 6.69 %
  • Zoning M-R-U
51 Transit Score
78 Walk Score

Highlights

Four Single-Story Buildings
Great Unit Mix: (7) 1Bd/1Ba; (2) 2Bd/1Ba & (2) 3Bd/1Ba Units
6.69% Current CAP Rate!
Newer Parking Lots & Roofs on All Buildings
Each Unit Contains Private Fenced Yard and Lives Like Private Single-Family Rental
Short Walk to Wadsworth Light Rail Station

Property Flyers

Financial Summary (Actual)

Net Operating Income: $141,516 USD (2024)
Cap Rate: 6.69 %
Total Expenses: $55,163 USD

Amenities

  • Laundry Facilities
  • Hardwood Floors
  • Yard
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
Arvada Ridge Station Track 1 (Union Station to Wheat Ridge Ward Station - Regional Transportation District) 11 min - 6.0 mi
Arvada Ridge Station Track 2 (Union Station to Wheat Ridge Ward Station - Regional Transportation District) 11 min - 6.0 mi
Transit/SubwayDriveWalkDistance
Lakewood/Wadsworth (W Line - Denver Regional Transportation District Light Rail (TheRide)) 1 min 8 min 0.4 mi
Garrison (W Line - Denver Regional Transportation District Light Rail (TheRide)) 2 min 16 min 0.9 mi
Lamar (W Line - Denver Regional Transportation District Light Rail (TheRide)) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Denver International 40 min - 30.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors