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In-PersonVirtual Tour
$ 3,950,000
Est. payment | /mo
16,164 SqFt
$ 3,950,000
Est. payment | /mo
16,164 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,164 sqft
Price per Sqft $244
MLS Listing ID 2178426
HOA Y/N No
Year Built 1962
Annual Tax Amount $17,322
Tax Year 2024
Property Sub-Type Multi Family
Source recolorado
Property Description
MMG is pleased to present the opportunity to purchase 1600-1604 Garland St & 1601 Garrison St, a 22-unit multifamily portfolio. This asset features an exceptional unit mix, attracting a diverse tenant demographic and providing strong leasing potential. Investors can execute a value-add strategy through unit renovations, introduce a utility bill-back system to optimize operating expenses, and
stabilize rental rates to align with the competitive market. These enhancements will position the property for maximized cash flow
and long-term asset appreciation in a high-demand Lakewood submarket.
stabilize rental rates to align with the competitive market. These enhancements will position the property for maximized cash flow
and long-term asset appreciation in a high-demand Lakewood submarket.
Location
State CO
County Jefferson
Interior
Fireplace N
Exterior
Total Parking Spaces 40
Garage No
Building
Sewer Public Sewer
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by MMGREA LLC
At EPIQUE Realty, we are dedicated to providing top-tier service, expert market knowledge, and a seamless buying or selling experience. Whether you're searching for your dream home or looking to sell for the best value, our team is committed to guiding you every step of the way. Fill out the form here to get started with Brandon and EPIQUE Realty today!
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