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1363 Pierce St
Lakewood, CO 80214
Red Brick Apartments · Multifamily Property For Sale
·
17 Units
Investment Highlights
- 2.57% Assumable Loan Fixed Through August 1st, 2026!!
- Many Recent Improvements Including New: Concrete Walkway, Energy Efficient UV Windows, Entry Doors, Smart Card Laundry Machines, & Perimeter Fence
- Just 1/4 Mile from Lamar Light Rail Station
- Beautifully Updated Asset with Rental Upside
- Proforma Rents Already Being Surpassed
- City Mandated Residential Growth Restrictions Will Rapidly Increase Rents & Values in Lakewood
Property Facts
| No. Units | 17 | Building Size | 15,168 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.52/1,000 SF |
| Lot Size | 0.75 AC | ||
| Zoning | R-5, Lakewood | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.75 AC |
| Building Size | 15,168 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | R-5, Lakewood |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,425 | 550 - 600 |
| 2+1 | 9 | $1,575 | 750 |
Property Taxes
| Parcel Number | 49-021-11-010 | Improvements Assessment | $179,815 |
| Land Assessment | $43,630 | Total Assessment | $223,445 |
Property Taxes
Parcel Number
49-021-11-010
Land Assessment
$43,630
Improvements Assessment
$179,815
Total Assessment
$223,445
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