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10541 W 7th Pl

4 Unit Block of Flats £828,450 (£207,112/Unit) 4.44% Net Initial Yield Lakewood, CO 80215

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Investment Highlights

Well maintained building with well kept grounds
Vinyl windows
Ample off-street parking

Newer roof (2018)
Updated boiler (2009)
Separate metered electric

Executive Summary

10541 W 7th Pl. is the perfect opportunity for an investor who is seeking an updated property with little to no deferred maintenance or hassle. All four units are a spacious 2bed/1bath layout with private balconies or patios. 3 of the 4 units have been updated with new paint, LVP floors, and granite countertops. The building has been meticulously maintained with clear pride of ownership. Recent improvements include a new roof (2018), updated boiler (2009), and vinyl windows.
Residents enjoy on-site laundry and are a short drive to shopping and entertainment at Belmar and Colorado Mills.

10541 W 7th - OM

Property Facts

Price	£828,450	Building Class	C
Price Per Unit	£207,112	Lot Size	0.20 AC
Sale Type	Investment	Building Size	3,240 SF
Net Initial Yield	4.44%	Average Occupancy	98%
No. Units	4	Number of Floors	2
Property Type	Residential	Year Built	1959
Property Subtype	Apartment	Parking Ratio	1/1,000 SF
Apartment Style	Low Rise	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.

Price	£828,450
Price Per Unit	£207,112
Sale Type	Investment
Net Initial Yield	4.44%
No. Units	4
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.20 AC
Building Size	3,240 SF
Average Occupancy	98%
Number of Floors	2
Year Built	1959
Parking Ratio	1/1,000 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.