5269-5297 W Center Avenue, Lakewood, CO

$4,600,000

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0.56

Acres

About 5269-5297 W Center Avenue

Marcus & Millichap is pleased to present Center Apartments, a 14-unit multifamily property in Lakewood, Colorado consisting of large two-bedroom units. Center Apartments has undergone significant capital upgrades, including unit renovations and exterior renovations. Units have been impeccably maintained throughout the years and include newer cabinets and countertops, ceiling fans, updated plank flooring, and desirable bathroom fixtures. Residents at Center Apartments enjoy living in the central Lakewood area with direct access to Sheridan Boulevard which offers easy access to multiple major highways/interstates including I-70, I-25, & Hwy- 85. Lakewood has already seen major developments in recent years, including Belmar, and is promised to be a significant focus of development in coming years. Across all metrics, Center Apartments shows favorable returns and substantial upside potential with minimal renovation needs. This property is a great asset for any investor to add to their portfolio. FOR ALL INQUIRIES, PLEASE CONTACT MATT DROZ at matt.droz@marcusmillichap.com or call at 303-328-2052

Features of 5269-5297 W Center Avenue

MLS® # 8464723
Price $4,600,000
Bathrooms 0.00
Acres 0.56
Year Built 1983
Type Commercial Sale
Sub-Type Multi Family
Style Low Rise
Status Active

Community Information

Address 5269-5297 W Center Avenue
City Lakewood
County Jefferson
State CO
Zip Code 80226

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Stories Two

Exterior

Construction Frame

Additional Information

Date Listed May 4th, 2022
Days on Market 64
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMarcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Listing Map

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