Marcus & Millichap is pleased to present 10775 W 13th Ave, a well-maintained multifamily investment opportunity located in the highly desirable Lakewood submarket of the Denver metropolitan area. Built in 1981, the property offers a rare newer-vintage construction compared to the majority of Denver-area apartment assets and has been extensively updated with modern interior finishes, including new cabinetry, countertops, luxury vinyl plank flooring, bathroom vanities, bathtubs, and contemporary fixtures. The all-electric property also features a zero-scaped exterior, providing investors with a low-maintenance ownership opportunity.
Positioned just minutes from Downtown Denver, Downtown Golden, the Denver Federal Center, and the Oak Station RTD W Line, the property benefits from strong tenant demand driven by convenient access to major employment centers, transit, shopping, dining, and outdoor recreation. With approximately $200 per unit in achievable rental upside, minimal deferred maintenance, and pricing below today's replacement cost, 10775 W 13th Ave offers investors the opportunity to acquire a turnkey asset with immediate cash flow and meaningful long-term appreciation potential in one of the Denver metro area's strongest rental markets.
Property details
Property
Type
Quadruplex
MLS type
Residential Income
Status
Active
Year built
1981
Stories
1
Living area
3,400 sqft
Price / sqft
$265
MLS #
7398685
Interior
Heating
Baseboard
Cooling
Other
Schools
District
Jefferson County R-1
Elementary
Eiber
Middle
Creighton
High
Lakewood
Utilities
Sewer
Public Sewer
Financial
Annual tax
$4,753
Parcel
027616
Special conditions
None Known
Location
Subdivision
427800 KRIEGER
County
Jefferson
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Listed by Charles Burkhart, Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.