For Sale
$2,115,000

1360 Zephyr StLakewood, CO 80214

11-Unit Complex, High CAP Rate, Redevelopment Potential

Overview

Added:
Feb 3
Days on market:
61
This exceptional 11-unit multifamily property in Lakewood, Colorado, presents a compelling investment opportunity. Situated on a sizable 0.63-acre lot (27,392 square feet), the property comprises four single-story buildings totaling 7,004 square feet. The unit mix is highly desirable, featuring seven one-bedroom/one-bathroom units, two two-bedroom/one-bathroom units, and two three-bedroom/one-bathroom units. Each unit boasts a private fenced yard, offering residents the feel of single-family living. Recent improvements include new parking lots and roofs across all buildings, minimizing future maintenance concerns. The property currently boasts a 6.69% capitalization rate. Conveniently located near the Wadsworth Light Rail Station and a retail center at Wadsworth Boulevard and West Colfax Avenue, this property enjoys excellent accessibility and proximity to amenities. The M-R-U (Mixed Use - Residential - Urban) zoning designation opens up exciting possibilities for future redevelopment, maximizing the property's long-term value. Additional features include on-site laundry and storage units for resident convenience. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property with significant upside potential in a thriving Colorado location.

Property Details for 1360 Zephyr St

Property type
Multifamily properties
Square Feet
7,004 SF
Year Built
1952
Lot Size (sq. ft)
27,443 SF

Location Insight

City
Lakewood
County
Jefferson
State
Colorado
Latitude
39.73772
Longitude
-105.0846
1360 Zephyr St, Lakewood, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1360 Zephyr St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message