42-Unit Apartment
1975 Oak St, Lakewood, CO 80215
For Sale
Contact for pricing
Residences range from one to three bedrooms across a varied apartment mix.
Property Size35,703 SF
Lot Size2.44 Acres
Days on Market19
Property Features for 1975 Oak St
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Amenities
42 units on 2.44 acres with 813 SF average floor plans, including scarce three-bedroom units averaging 1,195 SF.
Strategic Lakewood location near Downtown Denver, major employment centers and the foothills, with I-70 less than three miles away.
Approximately 97% occupied with just one vacant unit and virtually no bad debt, providing immediate in-place cash flow.
21.5% projected NOI growth by Year 3, driven primarily by concession burn-off and organic rent growth without relying on renovation premium
Existing Freddie Mac loan offers a 3.80% current rate, ±$6.26M balance, 30-year amortization and no prepayment penalty for a sale or Freddie refinance.
Building Details
Building Size
Year Built
Units
Listing Agency:
Denver Office
Listed By:
Jason Hornik · License #License(s): CO: FA. 100070708
(303) 328-2064
Source:
Marcusmillichap
Added: Oct 19
Changed: Nov 6
Last Checked: Nov 6 at 2:20PM
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 Denver Office
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Investment Insights
Based on property information with market context.
Built in 1973, this apartment community occupies approximately 2.44 acres and contains 42 residences. The mix comprises 15 one-bedroom, 22 two-bedroom, and five three-bedroom apartments. Average floor-plan areas are approximately 595, 875, and 1,195 square feet, respectively, offering several layouts within the property.
The property is at 1975 Oak St in Lakewood, Colorado, less than three miles from Interstate 70. The highway provides a connection to Downtown Denver and mountain destinations. The property is also near the Rocky Mountain foothills, with access to outdoor recreation including skiing, hiking, mountain biking, and fishing.
The property is at 1975 Oak St in Lakewood, Colorado, less than three miles from Interstate 70. The highway provides a connection to Downtown Denver and mountain destinations. The property is also near the Rocky Mountain foothills, with access to outdoor recreation including skiing, hiking, mountain biking, and fishing.
Key Highlights
- 42 apartments on approximately 2.44 acres
- Unit mix: 15 one‑bedroom, 22 two‑bedroom, and five three‑bedroom residences
- Average floor‑plan areas of approximately 595, 875, and 1,195 square feet, respectively
Property Analytics
Lease Details
42
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,176
Businesses Nearby
Explore this area
Business Placement
Demographics for 80215, CO
19,908
Population
9,156
Households
2.2
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
5.5 sq mi
ZIP Area
3,620
Density / Sq Mi
$85,017
Median Household Income
$49,100
Median Earnings
$1,728
Median Rent
$615,500
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Jefferson County, CO
Properties on Market for Apartment buildings in Jefferson County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Residences range from one to three bedrooms across a varied apartment mix.
Where is this apartment building located?
The property is located at 1975 Oak St Lakewood, CO.
What are key features of this property?
This property features: 42 apartments on approximately 2.44 acres; Unit mix: 15 one‑bedroom, 22 two‑bedroom, and five three‑bedroom residences; Average floor‑plan areas of approximately 595, 875, and 1,195 square feet, respectively
