Redwood and Copperwood Apartments 2 Multifamily Properties Offered at $3,137,000 in Multiple Locations

Marcus & Millichap is pleased to present the Copperwood & Redwood Apartments Portfolio, a well-maintained, value-add multifamily opportunity consisting of three buildings located across two parcels at 725, 730, and 740 Moore Street in Lakewood, Colorado. Positioned within a highly desirable West Denver submarket, the portfolio is located minutes from Colfax Avenue, the Wadsworth corridor, and multiple transit options. The portfolio is well situated to benefit from strong renter demand, in addition to ongoing population and employment growth throughout Lakewood and the greater Denver metro.
725 Moore Street is a nine-unit building comprised of eight (8) two-bedroom/one-bath units and one (1) three-bedroom/one-bath unit, while 730 and 740 Moore Street are two (2) buildings, each featuring all two-bedroom/one-bath floor plans. Collectively, the properties offer efficient layouts that appeal to a broad renter base and support long-term occupancy. Tenant amenities include on-site parking, storage lockers, shared laundry facilities, and usable yard space.
The portfolio has benefited from significant capital improvements, including new windows, roof replacements, exterior paint, upgraded electrical systems, and refreshed landscaping. Select units have also undergone interior renovations featuring upgraded countertops, cabinets, modern flooring, and new paint schemes, reducing near-term capital needs while creating additional upside through continued interior upgrades and rent growth.
With a favorable unit mix, in-place cash flow, and remaining value-add potential through continued interior upgrades and repositioning of below-market rents, the Copperwood & Redwood Apartments Portfolio presents an attractive opportunity for investors seeking a stabilized asset with future upside.