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715 Kipling St
Lakewood, CO 80215

$11,500,000 USD

Hotel For Sale • 80,120 SF

Property Details

Property Type Hotel
Total Building Size 80,120 SF
Lot Size 2.37 AC
Building Class C
Year Built 1971
Cap Rate 3.13 %
Zoning C-R

39 Transit Score

50 Walk Score

                
                    Highlights
                
                                Excellent Conversion Opportunity to Multifamily
                            
                                Located in an Opportunity Zone
                            
                                Recent Capital Improvements Include Newer Boiler & Roof
                            
                                Priced Below Comparable Properties & Replacement Cost
                            
                                Good Mix of Studios, 1Bd/1Ba & 2Bd/1Ba Units
                            
                                Walk to Public Transportation, Restaurants, Retail and Places of Employment

Property Flyers

715 Kipling St - OM (EMAIL)

Financial Summary (Actual)

Net Operating Income: $360,402 USD (2023)

Cap Rate:	3.13 %
Total Expenses:	$1,506,556 USD

Amenities

High Speed Internet Access
Public Access Wifi
Fully-Equipped Kitchen

Public Transportation

Airport	Drive	Walk	Distance
Denver International	42 min	-	32.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	149
Type:	Surface
Included in Rent:	Yes

Josh Newell 303-962-9555 Pinnacle Real Estate Advisors

715 Kipling St Lakewood, CO 80215