Lakewood Multifamily Property
9493 W 14th Avenue Lakewood, CO 80215
9493 W 14th Avenue, Lakewood, CO, 80215
$1,652,500
For Sale
$1,652,500
Eight-unit multifamily property in Lakewood.
Property Size9,350 SF
Price / SF$176.74
Days on Market238
Property Features for 9493 W 14th Avenue
General Information
- Standard status
- Active
- Size
- 9,350 SF
- Property subtype
- Multifamily
Listing Agency
Pinnacle Real Estate Advisors
(303) 962-9559
Listed by
Josh Newell · License #FA100001439
Source
Pinnaclerea
Added: Nov 21, 2025 Checked: Jul 17 at 3:35 am
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.
This multifamily property, comprising eight units, is located in Lakewood. The property has a size of 9350 square feet.
Key Highlights
- 8 Units
- Located in Lakewood
- Just Sold
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 | $230.0k | $24.60 |
| − Vacancy | −$13.8k | −$1.48 |
| EGI | $216.2k | $23.12 |
| − OpEx | −$97.3k | −$10.41 |
| NOI | $118.9k | $12.72 |
9,350 SF · lease $24.60/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.70M
$1.49M – $1.98M
NOI $118,915 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M
NOI $196,036 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Eight-unit multifamily property in Lakewood.
Where is this apartment building located?
The property is located at 9493 W 14th Avenue Lakewood, CO.
What is the asking price?
The asking price for this property is $1,652,500.
What are key features of this property?
This property features: 8 Units; Located in Lakewood; Just Sold
