Courtesy of Altos Realty Advisors, Inc., Arend Accola, Listing Contact:  

1160-1198 S Allison Street

Lakewood, CO, 80232

$4,350,000

$221 per ft²
$4,350,000
$221 per ft²
Active Under Contract
Active Under Contract
 - For Sale
carpenters-square
19,656 ft²
property_type
Commercial
calendar
Built 1962
Well maintained and fully occupied 24 - unit building in the Heart of Lakewood. Presented at a current 4.8% cap rate with the ability to achieve a 5.3%+ return in the near term. The property consists of all a mix of 12 one-bedroom units & 12 two- bedroom units. The property has extra income potential with large storage lockers located in the basements. The building is conveniently located within a short walking distance of Alameda High school, numerous restaurants, parks and shops and is very popular for long term family renters.
MLS® ID:
5923441
Listed:
1/20/23
Updated:
4/2/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Coin-operated

Exterior/Building Features

Architectural Style
Low Rise
Roof
Composition
Sewer
Public Sewer

Other Property Details

Taxes
$7275
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Jefferson
Water Source
Public
Pool
No
Total Stories
2
Buyer Agency Compensation
2

Property History

Date
Event
Price
Value
1/21/23
Active
-
-
3/20/23
Price Change
$4,350,000
-3%
3/29/23
Active Under Contract
-
-
 

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. Equal Housing Opportunity - see logo above.

6. © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500, Greenwood Village, CO 80111 USA 7. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

©2023 REColorado. All rights reserved. 

Data last updated 12:41 PM UTC, 4/2/23

 

Contact