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    1107 Carr St Lakewood, CO 80214

    Sponsored
    For Sale
    $2,600,000

    14,162 SF Multifamily Building, High ROI Potential

    Property size:
    14,162 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional multifamily investment property, located at 1107 Carr Street in Lakewood, Colorado, presents a compelling opportunity for discerning investors. Boasting a substantial 14,162 square feet of living space, this property offers significant potential for strong rental income and capital appreciation. Situated on a lot with no acreage specified, the building's size and location within the vibrant Lakewood community make it an attractive proposition. The asking price is $2,600,000, reflecting the property's inherent value and future growth prospects. The property's multifamily nature provides a diversified income stream, mitigating risk and offering stability. Detailed financial projections and property management information are available upon request. This is a turnkey investment ready for immediate income generation or further value enhancement through strategic renovations or upgrades. The property's location in Lakewood offers easy access to major transportation routes, local amenities, and a thriving employment market. This presents a unique opportunity to acquire a well-positioned multifamily asset in a desirable Colorado location. Serious inquiries only. All information provided is deemed reliable but not guaranteed and should be independently verified. Contact us today to schedule a showing and explore the possibilities of this lucrative investment.

    Property Features for 1107 Carr St

    General Information

    Property type
    Residential income properties
    Square Feet
    14,162 SF

    Building Details

    Year Built
    1961
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.0915
    Latitude
    39.73495

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    FAQs

    What type of property is this?
    Residential income property - 14,162 SF Multifamily Building, High ROI Potential
    Where is this residential income property located?
    The property is located at 1107 Carr St Lakewood, CO.
    What is the asking price?
    The asking price for this property is $2,600,000.
    (303) 623-0200
    Request Owner's contact information
    1107 Carr St Lakewood, CO 80214
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    Lakewood, CO 80214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1107 Carr St Lakewood, CO 80214
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