Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    715 Kipling St Denver, CO 80215

    For Sale
    $10,250,000

    147-unit property with conversion potential in a strong rental market.

    Property size:
    80,120 SF

    Property Features for 715 Kipling St

    General Information

    Size
    80,120 SF

    Building Details

    Year built
    1971

    Source: Josh Newell Agent Josh Newell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakewood Multifamily Conversion Opportunity

    This 147-unit property in Lakewood, Colorado, presents an opportunity for multifamily conversion. Currently operating as an extended stay facility, the property is situated in a strong rental market. The City of Lakewood has expressed support for the conversion concept. The property features a mix of studio, one-bedroom/one-bathroom, and two-bedroom/one-bathroom units. Recent capital improvements include a newer boiler and roof. The property is located in an Opportunity Zone and is within walking distance of public transportation, restaurants, retail options, and places of employment. It is also located one mile from the Oak Street Light Rail Station and less than one mile from the Denver Federal Center, a 600-acre office and research campus with 4.1 million square feet. The property offers quick access to US Highway 6, Downtown Denver, and the Rocky Mountains. The property size is 80,120 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HomeTowne Studios Denver ... Hotel D M DAVIS ... Real Estate Consultant HomeTowne Studios & Suites ... Extended Stay Hotel Stewart Home Repair Extended Stay Hotel Crossland Denver - Lakewood ... Hotel

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.1107345
    Latitude
    39.7283016

    Nearby Similar for Sale

    • $350,000
      0.02 Acres

      Versatile Warehouse/Storage Unit in Denver

      Spacious warehouse/storage unit with flex space and mezzanine.
      560 Ames St, Denver, CO 80226
      View Details
    • $2,000,000
      0.75 Acres

      Federal Heights Commercial Opportunity

      4,896 SF commercial building on 0.7475 acre lot.
      2975 W 92Nd Ave, Denver, CO 80260
      View Details
    • New
      $3,200,000
      0.29 Acres

      RiNo Corner Location For Sale

      Highly visible corner location in Denver's RiNo district.
      3100 Blake St, Denver, CO 80205
      View Details
    • $350,000
      0.02 Acres

      Versatile Warehouse/Storage Unit in Lakewood

      Spacious warehouse/storage unit with flex space, ideal for various uses.
      560 Ames St, Denver, CO 80226
      View Details
    • $1,200,000
      0.14 Acres

      Updated Multifamily in Growing Neighborhood

      8-unit multifamily property in Aurora's Delmar Parkway neighborhood.
      1391 Lima St, Denver, CO 80010
      View Details
    • $4,300,000
      18,936 SF

      Modern Townhomes in Fountain, Colorado

      Thirteen townhomes built in 2021 near downtown Fountain, Colorado.
      303 East Ohio Ave, Denver, CO 80209
      View Details

    FAQs

    What type of property is this?
    Apartment building - 147-unit property with conversion potential in a strong rental market.
    Where is this apartment building located?
    The property is located at 715 Kipling St Denver, CO.
    What is the asking price?
    The asking price for this property is $10,250,000.
    What are key features of this property?
    This property features: - $1,250,000 Price Reduction; - Excellent Multifamily Conversion Opportunity with 19.43% Leveraged IRR; - City of Lakewood support for conversion in a strong rental market
    (303) 962-9559
    Request Owner's contact information
    715 Kipling St Denver, CO 80215
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    715 Kipling St
    Denver, CO 80215
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    715 Kipling St Denver, CO 80215
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.