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    213-233 S Ingalls St Denver, CO 80226

    For Sale
    $3,525,000

    16-unit apartment building in Lakewood, Colorado. Fully renovated.

    Property size:
    13,260 SF

    Property Features for 213-233 S Ingalls St

    General Information

    Size
    13,260 SF

    Source: Josh Newell Agent Josh Newell

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

    Overview

    Lakewood Multifamily Investment Opportunity

    This 16-unit apartment building is located in Lakewood, Colorado. The property has been fully renovated, including new interiors with granite countertops and new cabinets, roofs, boilers, windows, paint, and landscaping. The unit mix consists entirely of 2-bedroom, 1-bathroom units. The property is offered at a 5.38% cap rate. Proforma rents are already being achieved. The property has a total size of 13,260 square feet. Note that the loan must be assumed. This property can be purchased together with the neighboring property at 183-193 S Ingalls Street, which contains 8 units.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -105.0640647
    Latitude
    39.7126546

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    FAQs

    What type of property is this?
    Apartment building - 16-unit apartment building in Lakewood, Colorado. Fully renovated.
    Where is this apartment building located?
    The property is located at 213-233 S Ingalls St Denver, CO.
    What is the asking price?
    The asking price for this property is $3,525,000.
    What are key features of this property?
    This property features: - 16-Unit Apartment Building Available in Lakewood, CO; - Fully Renovated with New Interiors, Granite/New Cabinets, Roofs, Boilers, Windows, Paint, and Landscaping; - All 2 Bedroom/1 Bathroom Units
    (303) 962-9559
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    213-233 S Ingalls St Denver, CO 80226
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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
    213-233 S Ingalls St Denver, CO 80226
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