Log In/Sign Up
Your email has been sent.
INVESTMENT HIGHLIGHTS
- 13% Discount to Estimated Retail (Bulk Purchase Advantage
- Stable Rental Income Stream From Existing Leases
- Desirable Submarkets With Strong Homebuyer and Renter Demand
- Fee- Simple Ownership No HOA Restrictions on Individual Resales
- Upside Potential From Targeted Renovations And/Or Market Rent Adjustments
EXECUTIVE SUMMARY
Transwestern is pleased to present the Lowe-Humphrey Townhome Portfolio. Now on the market for the first time since construction. The portfolio consists of 18 individual deeded townhomes in two separate townhome communities in Lakewood and Arvada being offered to the market at $5,500,000, a significant discount to their estimated resale price of $6,325,000. Seven of the townhomes are in the Lakewood Pines West townhome community near Jewell and Wadsworth. Eleven of the townhomes are in the Deer Creek Village townhome community near 72nd Avenue and Indiana.
Originally purchased by two families in the mid eighties the portfolio has been run as a rental portfolio. Since then, the families have kept the properties in good condition with major renovations within the units as they were turned this decade.
A purchaser has the opportunity to purchase the properties and hold for rental income and future appreciation or sell off individually after performing further upgrades for the individual resale market.
This offering memorandum will outline the individual properties and locations. Transwestern has prepared a brief neighborhood overview for insights into the family friendly suburban markets this portfolio is located in.
Originally purchased by two families in the mid eighties the portfolio has been run as a rental portfolio. Since then, the families have kept the properties in good condition with major renovations within the units as they were turned this decade.
A purchaser has the opportunity to purchase the properties and hold for rental income and future appreciation or sell off individually after performing further upgrades for the individual resale market.
This offering memorandum will outline the individual properties and locations. Transwestern has prepared a brief neighborhood overview for insights into the family friendly suburban markets this portfolio is located in.
PROPERTY FACTS
| Price | $5,500,000 | Number of Properties | 2 |
| Price / SF | $49.11 / SF | Individually For Sale | 1 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 112,000 SF |
| Sale Type | Investment | Total Land Area | 14.44 AC |
| Status | Active |
| Price | $5,500,000 |
| Price / SF | $49.11 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 112,000 SF |
| Total Land Area | 14.44 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Deer Creek Crossing
13975 W 72nd Pl, Arvada, CO 80004 |
Multifamily | 32,000 SF | 1984 | - |
|
Lakewood Pines West
1905 S Balsam St, Lakewood, CO 80227 |
Multifamily | 80,000 SF | 1984 | - |
1 1
1 of 23
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
18-UNIT TOWNHOME PORTFOLIO
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.



