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717 Oak St
Lakewood, CO 80215 West Denver

$1,275,000 USD

Apartments For Sale  •  5,006 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,006 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 5.83 %
  • Zoning PP
46 Transit Score
40 Walk Score

Highlights

Great Unit Mix - Mostly 2Bd Units
On-Site Laundry and Individual Storage Lockers
Located in an Opportunity Zone on a Large Lot
Near Oak Street & Federal Center Light Rail Stations
Excellent Neighborhood Demographics: $94k Average Household Income within 2 Mile Radius
Can Be Purchased with 5275 W 1st Avenue & 1360 Zephyr Street

Property Flyers

Financial Summary (Actual)

Net Operating Income: $74,342 USD (2024)
Cap Rate: 5.83 %
Total Expenses: $30,811 USD

Public Transportation

Commuter RailDriveWalkDistance
Arvada Ridge Station Track 1 (Union Station to Wheat Ridge Ward Station - Regional Transportation District) 11 min - 5.5 mi
Wheat Ridge - Ward Station Track 1 (Union Station to Wheat Ridge Ward Station - Regional Transportation District) 13 min - 6.1 mi
Transit/SubwayDriveWalkDistance
Oak (W Line - Denver Regional Transportation District Light Rail (TheRide)) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
Denver International 44 min - 32.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors