5269 5297 W Center Avenue, Lakewood, CO, 80226

  • $4,600,000
5269 5297 W Center Avenue , Lakewood, CO 80226
Active
5269 5297 W Center Avenue , Lakewood, CO 80226
  • $4,600,000

Overview

Property ID: 8464723
  • CommercialSale, MultiFamily
  • Property Type
  • 24394
  • Sq Ft
  • 1983
  • Year Built

Description

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

  • Address 5269 5297 W Center Avenue
  • City Lakewood
  • State/county Jefferson
  • Zip/Postal Code 80226

Details

Updated on May 13, 2022 at 5:18 am
  • Property ID: 8464723
  • Price: $4,600,000
  • Property Size: 24394 Sq Ft
  • Land Area: 1 Acres
  • Year Built: 1983
  • Property Type: CommercialSale, MultiFamily
  • Property Status: Active

Additional details

  • PropertySubType: MultiFamily
  • Tax Year: 2022
  • Architectural Style: LowRise
  • Construction Materials: Frame
  • LotSize SquareFeet: 24394
  • LotSizeArea: 0.56
  • LotSizeUnits: Acres

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