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Lakewood Apartment Building Just Sold

2449-2479 W 41st Avenue Denver, CO 80211

2449-2479 W 41st Avenue, Denver, CO, 80211
$915,000
For Sale
Claim this Listing
$915,000

Apartment building in Lakewood and Denver, just sold!

Property Size3,481 SF
Price / SF$262.86
AddedNov 21, 2025
Days on Market236
Last RefreshMay 19 at 9:17 pm

Property Features for 2449-2479 W 41st Avenue

General Information

Standard status
Active
Size
3,481 SF
Property subtype
Multifamily

Listing office Pinnacle Real Estate Advisors

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.

A 7-unit apartment building in Lakewood and a 4-unit apartment building in Denver have been sold. The property encompasses a total area of 3481 square feet.

Key Highlights

  • 7 Unit Apartment Building in Lakewood
  • JUST SOLD!
  • 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 $102.3k $29.40
− Vacancy −$6.2k −$1.79
EGI $96.1k $27.61
− OpEx −$43.2k −$12.42
NOI $52.9k $15.18
3,481 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$755.1K
$660.7K – $880.9K (±1% cap)
NOI $52,854 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$969.6K – $1.29M (±1% cap)
NOI $77,569 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm (Bike/Boat/Book/etc) Store Pharmacy Carpet & Flooring Store Tech Support Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Electrical Service

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

FAQs

What type of property is this?
Apartment building - Apartment building in Lakewood and Denver, just sold!
Where is this apartment building located?
The property is located at 2449-2479 W 41st Avenue Denver, CO.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: 7 Unit Apartment Building in Lakewood; JUST SOLD!; Apartment Building
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More about this property
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