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1683-1697 Reed St Lakewood, CO 80214

40-Unit Apartment Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
138
The Reed, located at 1683-1697 Reed Street in Lakewood, Colorado, presents a compelling multifamily investment opportunity. This turnkey property comprises 40 units spread across five, two-story buildings, totaling 34,951 square feet. Constructed between 1953 and 1960, the property sits on a 1.94-acre lot and offers a desirable mix of unit types. Significant recent renovations have enhanced the property's appeal, ensuring its ability to attract and retain high-quality tenants. Residents enjoy convenient amenities including ample parking and a shared courtyard. The property's strategic location near parks and major roadways adds to its desirability. Its proximity to key transportation routes and local amenities makes it an attractive option for renters. This well-maintained property offers a strong potential for return on investment, making it an ideal addition to any portfolio seeking stable income generation in a thriving Colorado market. The property's size and established tenant base provide a solid foundation for future growth and profitability. The combination of recent upgrades, desirable location, and strong rental demand makes this a truly exceptional investment opportunity. The property's 80214 zip code further underscores its location within a sought-after area of Lakewood.

Highlights

  • Multifamily apartment building totaling 34,951 square feet.
  • 40 units in five buildings.
  • Two-story construction, built between 1953 and 1960.
  • Situated on a 1.94-acre lot.
  • Located at 1683-1697 Reed St, Lakewood, CO 80214.

Property Details for 1683-1697 Reed St

Property type
Apartment buildings
Square Feet
34,951 SF
Year Built
1953
Buildings
5
Stories
2
Lot Size (sq. ft)
84,506 SF
Units
40

Location Insight

City
Lakewood
County
Jefferson
State
Colorado
Latitude
39.743916038416
Longitude
-105.07433327776

FAQs

What type of property is this?
Apartment building - 40-Unit Apartment Building, Prime Location
Where is the apartment building located?
The property is located at 1683-1697 Reed St Lakewood, CO.
What are key features of this property?
This property features: Multifamily apartment building totaling 34,951 square feet.; 40 units in five buildings.; Two-story construction, built between 1953 and 1960.
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1683-1697 Reed St
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