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    715 Kipling St Lakewood, CO 80215

    For Sale
    $11,500,000
    Property size:
    80,120 SF
    Added:
    Dec 11, 2024
    Days on Market:
    366

    Property Features for 715 Kipling St

    General Information

    Property type
    Multifamily properties
    Square Feet
    80,120 SF
    Class
    C
    Lot Size
    103,237 SF

    Building Details

    Year Built/Renovated
    1971/2019
    Buildings
    2
    Units
    147

    HighLights

    • Excellent multifamily conversion opportunity.
    • Located in a designated Opportunity Zone.
    • Recent capital improvements include a new boiler and roof.
    • Priced below market value and replacement cost.
    • Unit mix includes studios, one‑bedroom/one‑bathroom, and two‑bedroom/one‑bathroom units.
    • Walkable to public transit, restaurants, retail, and employment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HomeTowne Studios Denver ... Hotel D M DAVIS ... Real Estate Consultant HomeTowne Studios & Suites ... Extended Stay Hotel Stewart Home Repair Extended Stay Hotel Crossland Denver - Lakewood ... Hotel

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.11001061304
    Latitude
    39.728049827505

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    FAQs

    Where is this multifamily property located?
    The property is located at 715 Kipling St Lakewood, CO.
    What is the asking price?
    The asking price for this property is $11,500,000.
    What are key features of this property?
    This property features: Excellent multifamily conversion opportunity.; Located in a designated Opportunity Zone.; Recent capital improvements include a new boiler and roof.
    Request Owner's contact information
    715 Kipling St Lakewood, CO 80215
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    Lakewood, CO 80215
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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
    715 Kipling St Lakewood, CO 80215
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