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7005-7035 W 16th Place
Lakewood, CO 80215
Asking Price
$2.23M
Cap Rate
6%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 12 Units | $185,417/unit <p>Desirable growth location near Sloan's Lake</p><p>High end condo quality finishes with modern fixtures, flooring, and countertops</p><p>Attractive side-by-side layout with front & back doors</p><p>Recent improvements include new roof, windows, landscaping, updated electrical, re-striped parking lot</p><p>Dedicated parking with guest parking spaces</p>
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NOI
$80,000
Cap Rate
3.60%
DSCR
0.61
Underwater
Cash-on-Cash
-7.80%
Monthly Payment
$11,008.086
Annual Cash Flow
$-52,097.032
