Remodeled 2-Unit
912 S Zephyr Ct 902, Lakewood, CO 80226
For Sale
$1,250,000
Both residences include fenced yards, furniture, and appliances.
Property Size2,875 SF
Days on Market9
Property Features for 912 S Zephyr Ct 902
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Furnished
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fenced yard
Building Details
Building Size
Year Built
Listing Agency:
Compass - Denver
Listed By:
Jake Singleton
(303) 257-7902
Source:
Corken
Added: Oct 29
Changed: Nov 6
Last Checked: Nov 6 at 3:47PM
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 Compass - Denver
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Investment Insights
Based on property information with market context.
This duplex contains two remodeled residences, each with its own fenced yard. The updates were completed two years ago, and furniture and appliances are included in both units. The property was built in 1970.
Belmar Park and the Belmar shopping district, with shops, dining, and trails, are nearby.
Belmar Park and the Belmar shopping district, with shops, dining, and trails, are nearby.
Key Highlights
- Two remodeled residences, updated two years ago
- Separate fenced yard for each unit
- Furniture and appliances included in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,773
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,460
$835.5K
Cap Rate 7%
$596,757
$596.8K
Cap Rate 9%
$464,144
$464.1K
Market Conditions
NOI Build-Up for 2,875 SF
Gross rent
$63.8K $22.20/SF
− Vacancy
−$4.1K −$1.44/SF
EGI
$59.7K $20.76/SF
− OpEx
−$17.9K −$6.23/SF
NOI
$41.8K $14.53/SF
Area
Lakewood, CO
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,460
Cap Rate 7%
$596,757
Cap Rate 9%
$464,144
Alternative Uses
Best Use
Multifamily LT 5
$596.8K
$522.2K – $696.2K
NOI $41,773 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$522.4K
$457.1K – $609.4K
NOI $36,565 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$861.1K
$753.5K – $1.00M
NOI $60,278 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
Explore this area
Business Placement
Demographics for 80226, CO
33,142
Population
14,742
Households
2.2
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
8.1 sq mi
ZIP Area
4,092
Density / Sq Mi
$78,466
Median Household Income
$44,640
Median Earnings
$1,738
Median Rent
$547,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Jefferson County, CO
Properties on Market for Duplexes in Jefferson County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include fenced yards, furniture, and appliances.
Where is this duplex located?
The property is located at 912 S Zephyr Ct 902 Lakewood, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two remodeled residences, updated two years ago; Separate fenced yard for each unit; Furniture and appliances included in both units
