7005-7035 W 16th Place, Lakewood, CO 80215

Building Details

Year Built

1952

Listing agent Hunter Schaefer License #FA100086469

Listing office NORTHPEAK Commercial Advisors

Listing date Jun 3, 2026

Source Crexi

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Overview

The Flats at 16th is a 12-unit condo building featuring 1-bedroom, 1-bath residences with attractive side-by-side layouts and both front and back doors. The property has been upgraded with renovated interiors, along with recent improvements that include a new roof, new windows, updated electrical, refreshed landscaping, and re-striped parking. Off-street parking is provided at nearly a 2:1 ratio, supporting tenant convenience and day-to-day operations.

The building is located at 7005–7035 W 16th Place in Lakewood, Colorado. The area described in the remarks includes new development moving west from Sloan’s Lake and walkable access to the Wadsworth Light Rail Station.

For an investor or owner-operator seeking a turnkey multifamily condo asset, the combination of unit layout, parking availability, and documented capital improvements helps reduce near-term maintenance concerns. The property’s recent upgrades and maintained site features can also support consistent presentation for leasing and ongoing occupancy.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Lakewood

County

Jefferson

State

Colorado

Longitude

-105.1893752

Latitude

39.7435246

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FAQs

What type of property is this?

Apartment building - Twelve side-by-side 1-bed condos with front and back doors and nearly 2:1 off-street parking.

Where is this apartment building located?

The property is located at 7005-7035 W 16th Place Lakewood, CO.

What is the asking price?

The asking price for this property is $2,225,000.

What are key features of this property?

This property features: 12 premium condos (side‑by‑side 1BD/1BA units) built in 1952; Each unit has side‑by‑side layout with front and back doors; Nearly 2:1 off‑street parking ratio for the complex