7515 W 8th Place

Lakewood, CO 80214
Square Ft.
15,455
$3,600,000
• All 2 Bed 1 Bath Units • 6.81% Current CAP Rate! • 3 Single Story Buildings with Front & Rear Entry Doors • Individually Metered for Gas & Electric • Ample Off-Steet Parking • Nearby Retail and Restaurants along Colfax & Wadsworth Corridor • 1 Mile from Lakewood-Wadsworth LightRead MoreRead Less
Market LogoCourtesy of Pinnacle Real Estate Advisors [email protected]
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multi Family
Square Ft.
15,455
Lot Size
0.88 Acres
Year Built
1960
MLS Number
9529097
30 Days Snapshot Of 80214
$590k
+12%
(avg) sold price
16
+166%
homes sold
74
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "Public", Road Responsibility: "Public Maintained Road", Road Surface Type: "Paved"
Building
Effective Year Built: 1960, Features: "On Site Management", Occupant Type: Tenant, Structure Type: "Low Rise (1-3)", Total Area: 15455, Unit Count: 1, Unit Types: "Array", Built in 1960, 20 total units
Disclosures
Exclusions: Tenant Possessions
Expenses
Operating Expense Includes: "Advertising", "Insurance", "Maintenance", "Professional Management", "Real Estate Tax", "Staff", "Utilities", Operating Expense: $73,627, Projected Annual Expense: $97,594
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 245269.00, Gross Income: $318,896, Projected Annual Net Income: $228,446, Projected Gross Income: $326,040
Lot
Acres: 0.88, Area: 0.88, Features: "Cul-De-Sac", Parcel Number: 051620, Square Feet: 38332.8
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Electricity", "Gas", "Taxes", "Trash Collection", "Water"
Parking
Parking Total: 29, Carport Spaces: 0, Offstreet Spaces: 29, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1
Property
Current Use: "Multi-Family", Property Sub Type: Multi Family
Roof
Roof: "Composition"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 21794, Legal Description: SECTION 02 TOWNSHIP 04 RANGE 69 QTR SE SUBDIVISIONCD 658600 SUBDIVISIONNAME SCHAAL BLOCK LOT 0003 SIZE: 13525 TRACT VALUE: .310 SECTION 02 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 658600 SUBDIVISIONNAME SCHAAL BLOCK LOT 0004 SIZE: 12605 TRACT VALUE: .289 SECTION 02 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 658600 SUBDIVISIONNAME SCHAAL BLOCK LOT 0005 SIZE: 12314 TRACT VALUE: .283, Tax Year: 2024
Tenant Pays
Tenant Pays: "Cable TV", "Internet", "Telephone"
Utilities
Power Production Count: 0, Utilities: "Electricity Available", "Electricity Connected", "Internet Access (Wired)", "Natural Gas Available", "Natural Gas Connected", "Phone Available", "Sewer Connected", Water Included, Water Source: "Public"
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.