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Hilltop Apartments 10527 W 6th Pl 8 Unit Apartment Building $1,659,000 CAD ($207,375 CAD/Unit) Lakewood, CO 80215



INVESTMENT HIGHLIGHTS
- Immediate rental upside with no need for significant capital investment. Value-add w/ interior renovations to enhance appeal and drive rent growth
- Recent upgrades including roofing, HVAC replacement, keypad entry, fire panel upgrade, and refreshed common areas
- Prime location near Belmar Shopping District, Addenbrooke Park, Lakewood City Center, offering convenient access to shopping, dining & recreation
- No deferred maintenance or major CapEx requirements
- Thoroughly maintained with meaningful improvements providing a strong physical foundation and operational stability
- Can be sold as Portfolio with 6915 W 24th Ave, Edgewater & 5755 W 37th Ave, Wheat Ridge
EXECUTIVE SUMMARY
The Unique Apartment Group is pleased to present the opportunity to acquire 10537 W 6th Pl in Lakewood, Colorado, also known as The Hilltop Apartments.
The Hilltop Apartments is a two-story multifamily asset consisting of eight (8) units, featuring a mix of seven (7) one-bedroom/one-bathroom units and one (1) studio. The
building offers an efficient design and desirable unit mix that appeals to a wide range of tenants seeking affordability and convenience in the heart of Lakewood.
Current ownership has kept the property in excellent condition through consistent investment in maintenance and significant capital improvements within the last decade.
Recent projects include a new roof, HVAC replacement, keypad entry added to main doors, fire panel upgrade, and fresh paint and carpet in the common hallways. These
upgrades reflect a strong commitment to long-term property care and provide a solid foundation for continued operational success.
Situated in a prime Lakewood location, the property benefits from close proximity to a variety of neighborhood amenities, including the Belmar Shopping District, Addenbrooke Park, and Lakewood City Center, offering residents convenient access to shopping, dining, and recreation. The area is well-connected by West 6th Avenue, Alameda Avenue, and Union Boulevard, providing easy access to downtown Denver and the surrounding metro area. These features collectively help drive long-term tenant demand and sustained value appreciation.
The property is currently operated by a Jefferson County non-profit organization, presenting a compelling opportunity for investors to reposition the asset under a traditional multifamily management model. The upside lies in aligning below-market rents with prevailing rates and improving operational efficiency through expense optimization. With a strong physical foundation already in place, the property offers room for a value-add strategy, giving new ownership the opportunity to modernize units, enhance curb appeal, and push rent values through thoughtful upgrades.
The Hilltop Apartments is a two-story multifamily asset consisting of eight (8) units, featuring a mix of seven (7) one-bedroom/one-bathroom units and one (1) studio. The
building offers an efficient design and desirable unit mix that appeals to a wide range of tenants seeking affordability and convenience in the heart of Lakewood.
Current ownership has kept the property in excellent condition through consistent investment in maintenance and significant capital improvements within the last decade.
Recent projects include a new roof, HVAC replacement, keypad entry added to main doors, fire panel upgrade, and fresh paint and carpet in the common hallways. These
upgrades reflect a strong commitment to long-term property care and provide a solid foundation for continued operational success.
Situated in a prime Lakewood location, the property benefits from close proximity to a variety of neighborhood amenities, including the Belmar Shopping District, Addenbrooke Park, and Lakewood City Center, offering residents convenient access to shopping, dining, and recreation. The area is well-connected by West 6th Avenue, Alameda Avenue, and Union Boulevard, providing easy access to downtown Denver and the surrounding metro area. These features collectively help drive long-term tenant demand and sustained value appreciation.
The property is currently operated by a Jefferson County non-profit organization, presenting a compelling opportunity for investors to reposition the asset under a traditional multifamily management model. The upside lies in aligning below-market rents with prevailing rates and improving operational efficiency through expense optimization. With a strong physical foundation already in place, the property offers room for a value-add strategy, giving new ownership the opportunity to modernize units, enhance curb appeal, and push rent values through thoughtful upgrades.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $1,659,000 CAD | Lot Size | 0.39 AC |
| Price Per Unit | $207,375 CAD | Building Size | 5,616 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | M-R-S | ||
| Price | $1,659,000 CAD |
| Price Per Unit | $207,375 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 5,616 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.25/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | M-R-S |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Bay Window
- Attic
- Basement
SITE AMENITIES
- 24 Hour Access
- Basketball Court
- Breakfast/Coffee Concierge
- Bicycle Storage
- Backup Power / Generators
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | 405 |
| Studios | 1 | - | 610 |
1 1
PROPERTY TAXES
| Parcel Number | 49-044-19-006 | Improvements Assessment | $91,534 CAD |
| Land Assessment | $31,178 CAD | Total Assessment | $122,712 CAD |
PROPERTY TAXES
Parcel Number
49-044-19-006
Land Assessment
$31,178 CAD
Improvements Assessment
$91,534 CAD
Total Assessment
$122,712 CAD
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Hilltop Apartments | 10527 W 6th Pl
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