1115 Carr St Lakewood, CO 80214
This exceptional six-unit apartment building, located at 1115 Carr Street in Lakewood, Colorado, presents a compelling investment opportunity. Built in 1959, the property encompasses 9,600 square feet and features a unique layout of six oversized three-bedroom, one-bathroom apartments. Each unit includes a bonus room and a walk-in laundry room, adding significant value and appeal to tenants. The side-by-side design provides each unit with its own private backyard, enhancing privacy and outdoor living space. A significant advantage is the extensive electrical improvements already completed, a rare feature for properties of this vintage. The property is situated in the desirable and quiet Eiber neighborhood of Lakewood, offering residents convenient access to both downtown Denver and the scenic Rocky Mountains via 6th Avenue. Individual gas and electric meters for each unit ensure efficient utility management, with tenants responsible for their own usage. This property is also available for purchase in conjunction with 7815 W 41st Ave (sold separately). This presents a rare opportunity to acquire a well-maintained, income-generating multi-family property in a highly sought-after location. The asking price is $1,995,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.