Log In/Sign Up
Your email has been sent.
1220 Allison St 12 Unit Apartment Building $3,670,886 CAD ($305,907 CAD/Unit) 6.26% Cap Rate Lakewood, CO 80214
Investment Highlights
- Fully renovated units with carports and private patios
- Attractive side by side layouts
- Newer exterior and roof
- All units have in unit laundry
- Growth location walkable to light rail station
- Separately metered for gas & electric – tenants pay direct
Executive Summary
1220 Allison St. is a 12 unit apartment community built in 1969 with extensive recent renovations. Majority of units have been fully renovated in the past 3 years with updated kitchens and bathrooms. All units are 2Bd/1Ba with in unit laundry, private patios, and car ports. The units boast attractive side by side layouts that create a more private feel for tenants.
The property sits in a growth location just blocks from the Wadsworth Light Rail Station. The units are separately metered for gas and electric with tenants paying those bills directly. For the right investor, this is an opportunity to buy an updated building with attractive layouts in a growth location.
The property sits in a growth location just blocks from the Wadsworth Light Rail Station. The units are separately metered for gas and electric with tenants paying those bills directly. For the right investor, this is an opportunity to buy an updated building with attractive layouts in a growth location.
Property Facts
| Price | $3,670,886 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $305,907 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.55 AC |
| Cap Rate | 6.26% | Building Size | 8,837 SF |
| No. Units | 12 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1976/2022 |
| Property Subtype | Apartment | Parking Ratio | 2.49/1,000 SF |
| Zoning | G-MU-3 | ||
| Price | $3,670,886 CAD |
| Price Per Unit | $305,907 CAD |
| Sale Type | Investment |
| Cap Rate | 6.26% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 8,837 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1976/2022 |
| Parking Ratio | 2.49/1,000 SF |
| Zoning | G-MU-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | 725 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 49-022-16-008 | Improvements Assessment | $205,913 CAD |
| Land Assessment | $44,785 CAD | Total Assessment | $250,698 CAD |
Property Taxes
Parcel Number
49-022-16-008
Land Assessment
$44,785 CAD
Improvements Assessment
$205,913 CAD
Total Assessment
$250,698 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1220 Allison St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.