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705 Moore St 4 Unit Apartment Building $1,302,053 CAD ($325,513 CAD/Unit) 5.46% Cap Rate Denver, CO 80215

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Investment Highlights

Extensive recent capital expenditures: Roof & gutters (2026), boiler & hot water heater (2023), landscaping & irrigation (2024), replaced GE electical
Private patios or balconies for each unit
Premium landscaping for elevated feel and better tenant retention

Separately metered electric with tenants paying directly
Laundry on-site for tenants

Executive Summary

705 Moore Street is a clean 4-unit brick multifamily building situated in a quiet residential pocket of Lakewood, Colorado. Built in 1961, the property consists entirely of 2-bedroom/1-bathroom units, offering spacious and functional floor plans well-suited to the area’s renter demand. The property sits on a spacious 9,038 square foot lot with well-manicured landscaping and a private feel that distinguishes it from larger apartment communities. Ground-floor units feature private patios that open directly to the fenced yard and upper-floor units feature private balconies, adding a lifestyle amenity that supports tenant retention and market-rate rents.
The property is 100% occupied and largely turn-key, having benefited from a concentrated period of capital investment. A new roof and gutters were completed in 2026, a new boiler and hot water heater were installed in 2023-22, and a new irrigation system and landscaping were completed in 2024. New electrical panels have been installed and half of the plumbing has been fully replaced. Two and a half units have been fully renovated. The building is separately metered for electric while other utilities are billed back to tenants. This investment is well suited for the passive investor who wants little to no deferred maintenance on day 1 of ownership with cash flow, or an owner occupant who wants to live in a unit.

705 Moore - OM

Property Facts

Price	$1,302,053 CAD	Building Class	C
Price Per Unit	$325,513 CAD	Lot Size	0.21 AC
Sale Type	Investment	Building Size	4,306 SF
Cap Rate	5.46%	No. Stories	2
No. Units	4	Year Built	1961
Property Type	Multifamily	Parking Ratio	1.63/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise

Price	$1,302,053 CAD
Price Per Unit	$325,513 CAD
Sale Type	Investment
Cap Rate	5.46%
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.21 AC
Building Size	4,306 SF
No. Stories	2
Year Built	1961
Parking Ratio	1.63/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.