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1220 Wadsworth Blvd
Lakewood, CO 80214
Lime Apartment Homes · Multifamily Property For Sale
·
50 Units
Investment Highlights
- One (1) minute walk from the Wadsworth Station W-Line LRT stop, allowing residents easy access to Downtown Denver (Union Station), Denver Internationa
- Immediate 10-15% loss-to-lease recapture potential without requiring additional improvements
- Recently renovated on-site management office, tenant lounge area, 1,000+ SF fitness area with yoga studio
- Rare opportunity to purchase a turn-key, fully-renovated multifamily asset in one of Lakewood’s top rental markets
- Easily attainable operating expense reduction by eliminating bloated administrative and maintenance payroll, as well as other general operations expen
- Strong parking ratio of 1.36/parking spaces per unit
Property Facts
| No. Units | 50 | Lot Size | 1.80 AC |
| Property Type | Multifamily | Building Size | 49,248 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1962/2016 |
| Building Class | B | Parking Ratio | 1.38/1,000 SF |
| Zoning | M-R-T - Mixed-Use Residential Transit | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.80 AC |
| Building Size | 49,248 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2016 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | M-R-T - Mixed-Use Residential Transit |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Hardwood Floors
- Refrigerator
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 26 | - | 882 |
| 2+2 | 12 | - | 1,006 |
| 3+2 | 12 | - | 1,187 |
Property Taxes
| Parcel Number | 49-021-17-027 | Improvements Assessment | $781,224 |
| Land Assessment | $97,901 | Total Assessment | $879,125 |
Property Taxes
Parcel Number
49-021-17-027
Land Assessment
$97,901
Improvements Assessment
$781,224
Total Assessment
$879,125
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