11660 W 16th Avenue Lakewood, CO 80215
Five-unit apartment building in Lakewood, Colorado.
Property Features for 11660 W 16th Avenue
General Information
- Standard status
- Active
- Size
- 5,496 SF
- Property subtype
- Multifamily
Listing office Pinnacle Real Estate Advisors (303) 962-9555
Listing date Nov 21, 2025
Source Pinnaclerea
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
Key Highlights
- 5 Unit Apartment Building
- Lakewood Location
- Apartment Building
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.2k | $24.60 |
| − Vacancy | −$8.1k | −$1.48 |
| EGI | $127.1k | $23.12 |
| − OpEx | −$57.2k | −$10.41 |
| NOI | $69.9k | $12.72 |
