Log In/Sign Up
Your email has been sent.
11611 W 16th Ave
Lakewood, CO 80215
Applewood Townhomes · Multifamily Property For Sale
·
12 Units
Executive Summary
The Applewood Townhomes are a 12-unit, exclusively three-bedroom townhome community delivering what renters in this market are searching for and rarely find: spacious, new-construction, single-family-style living in one of Denver’s most desirable neighborhoods—without the $800,000 price tag of ownership.
Every unit is a 1,620-square-foot, three-bedroom, three-bathroom townhome spanning multiple levels. Open-concept living on the main level. A dedicated bedroom and bath on each floor. In-unit washer and dryer. Attached one-car garage. Contemporary finishes—modern kitchens with quality appliance packages, durable flooring, clean sight lines, and smart storage. These are homes that tenants move into and stay in.
The property occupies 0.62 acres at 11611 W 16th Avenue in the heart of Applewood. This is not a commercial corridor—it’s a residential neighborhood. Single-family homes, mature trees, the golf course visible from the community. The setting delivers the private, quiet feel that townhome renters pay a premium for, minutes from every amenity and transit connection a resident needs.
Every unit is a 1,620-square-foot, three-bedroom, three-bathroom townhome spanning multiple levels. Open-concept living on the main level. A dedicated bedroom and bath on each floor. In-unit washer and dryer. Attached one-car garage. Contemporary finishes—modern kitchens with quality appliance packages, durable flooring, clean sight lines, and smart storage. These are homes that tenants move into and stay in.
The property occupies 0.62 acres at 11611 W 16th Avenue in the heart of Applewood. This is not a commercial corridor—it’s a residential neighborhood. Single-family homes, mature trees, the golf course visible from the community. The setting delivers the private, quiet feel that townhome renters pay a premium for, minutes from every amenity and transit connection a resident needs.
Property Facts
| Price Per Unit | $834,162 CAD | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 19,440 SF |
| Cap Rate | 5.25% | No. Stories | 3 |
| Gross Rent Multiplier | 14.59 | Year Built | 2024 |
| No. Units | 12 |
| Price Per Unit | $834,162 CAD |
| Sale Type | Investment |
| Cap Rate | 5.25% |
| Gross Rent Multiplier | 14.59 |
| No. Units | 12 |
| Property Type | Multifamily |
| Building Size | 19,440 SF |
| No. Stories | 3 |
| Year Built | 2024 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 12 | $4,518 CAD | 1,620 |
Property Taxes
| Parcel Number | 39-324-15-001 | Improvements Assessment | $278,717 CAD |
| Land Assessment | $46,608 CAD | Total Assessment | $325,324 CAD |
Property Taxes
Parcel Number
39-324-15-001
Land Assessment
$46,608 CAD
Improvements Assessment
$278,717 CAD
Total Assessment
$325,324 CAD
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
