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10210-10230 W 26th Ave 16 Unit Apartment Building $3,400,000 ($212,500/Unit) 6.73% Cap Rate Lakewood, CO 80215

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INVESTMENT HIGHLIGHTS

  • Rare Mixed-Use Asset Offering 14 Apartments, Two Single Family Homes and 6 Commercial Spaces
  • Commercial Spaces are 100% Occupied
  • Excellent Location Across the Street From Gold’s Marketplace Redevelopment and Crown Hill Lake
  • Located on Huge 1.58 Acre Lot
  • 6.73% Current CAP Rate!
  • Recently Renovated Apartments

EXECUTIVE SUMMARY

JUST LISTED! Rare mixed-use offering featuring 14 apartment units, two single-family homes, and six commercial spaces. The property is located on a large 1.58-acre lot directly across the street from Gold’s Marketplace. The commercial spaces are 100% leased! Listed at a 6.73% current CAP rate.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $366,088 $19.21
Other Income $27,828 $1.46
Vacancy Loss $19,696 $1.03
Effective Gross Income $374,220 $19.64
Taxes $26,889 $1.41
Operating Expenses $118,624 $6.23
Total Expenses $145,513 $7.64
Net Operating Income $228,707 $12.00

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income
Annual $366,088
Annual Per SF $19.21
Other Income
Annual $27,828
Annual Per SF $1.46
Vacancy Loss
Annual $19,696
Annual Per SF $1.03
Effective Gross Income
Annual $374,220
Annual Per SF $19.64
Taxes
Annual $26,889
Annual Per SF $1.41
Operating Expenses
Annual $118,624
Annual Per SF $6.23
Total Expenses
Annual $145,513
Annual Per SF $7.64
Net Operating Income
Annual $228,707
Annual Per SF $12.00

PROPERTY FACTS

Price $3,400,000
Price Per Unit $212,500
Sale Type Investment
Cap Rate 6.73%
No. Units 16
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.51 AC
Building Size 19,054 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1973/2017
Parking Ratio 3.63/1,000 SF
Zoning M-S-N

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 9 $1,234 481
2+1 5 $1,657 802 - 877
3+1 1 $1,950 1,086
4+2 1 $2,099 1,705
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-331-00-009
Land Assessment
$41,564 (2024)
Improvements Assessment
$56,889 (2024)
Total Assessment
$98,453 (2024)
Annual Taxes
$26,889 ($1.41/SF)
Tax Year
2025
  • Listing ID: 39098493

  • Date on Market: 1/15/2026

  • Last Updated:

  • Address: 10210-10230 W 26th Ave, Lakewood, CO 80215

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