1683-1697 Reed St Lakewood, CO 80214
- Apartment buildings
- 34,951 SF
- 1.94 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1683-1697 Reed St
- Year built
- 1953
- Lot size
- 1.94 lot acres
- Property size
- 34,951 SF
- Property type
- Apartment buildings
Description
The Reed, located at 1683-1697 Reed Street in Lakewood, Colorado, presents a compelling multifamily investment opportunity. This turnkey property comprises 40 units spread across five, two-story buildings, totaling 34,951 square feet. Constructed between 1953 and 1960, the property sits on a 1.94-acre lot and offers a desirable mix of unit types. Significant recent renovations have enhanced the property's appeal, ensuring its ability to attract and retain high-quality tenants. Residents enjoy convenient amenities including ample parking and a shared courtyard. The property's strategic location near parks and major roadways adds to its desirability. Its proximity to key transportation routes and local amenities makes it an attractive option for renters. This well-maintained property offers a strong potential for return on investment, making it an ideal addition to any portfolio seeking stable income generation in a thriving Colorado market. The property's size and established tenant base provide a solid foundation for future growth and profitability. The combination of recent upgrades, desirable location, and strong rental demand makes this a truly exceptional investment opportunity. The property's 80214 zip code further underscores its location within a sought-after area of Lakewood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.074
- Latitude
- 39.7439
