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Property profile & analytics
OFF-MARKET
Multifamily properties

1115 Carr St Lakewood, CO 80214

9,600 SF Built 1959
Property ID
US13-1071144
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Multifamily properties
Year built 1959
Total area 9,600 SF
UPID US13-1071144
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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