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8150 W 26th Ave
Lakewood, CO 80214 West Denver

$4,400,000 USD

Apartments For Sale • 18,763 SF

Property Details

Property Type Apartments
Total Building Size 18,763 SF
Lot Size 0.83 AC
Building Class B
Year Built 1969
Cap Rate 6.31 %
Zoning R-5

31 Transit Score

17 Walk Score

                
                    Highlights
                
                                3.1% Assumable Loan Fixed Through May 2031
                            
                                Mostly Large, 2 Bedroom Units
                            
                                Newer Roof, Boiler, Domestic Hot Water Heater & Windows
                            
                                10.77% Current Cash on Cash Return
                            
                                Value-Add Opportunity: Rental Upside via Continuing with Interior Renovation Plan
                            
                                Recently Upgraded Plumbing & Electrical

Property Flyers

8150 W 26th Ave - OM (EMAIL)

Financial Summary (Proforma)

Net Operating Income: $277,523 USD (2024)

Cap Rate:	6.31 %
Total Expenses:	$115,549 USD

Amenities

Air Conditioning
Cable Ready
Courtyard
Dishwasher
Disposal
Laundry Facilities
Picnic Area
Heating
Ceiling Fans
Kitchen
Refrigerator
Oven
Carpet

Public Transportation

Airport	Drive	Walk	Distance
Denver International	41 min	-	30.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	35
Type:	Surface
Included in Rent:	Yes

Josh Newell 303-962-9555 Pinnacle Real Estate Advisors

8150 W 26th Ave Lakewood, CO 80214 West Denver