39.741795 -105.08935
8205 W 16th Avenue Lakewood CO 80214 286457856 39.741795 -105.08935 60105 /listing/286457856-151082055/8205-w-16th-avenue-lakewood-co-80214 False 0 2480000.0 7560 101 606 9425774 False 1952 0.81 0.81

8205 W 16th Avenue

Lakewood, CO 80214 MLS# 9425774

Pending 12/28/20 02/18/21

286457856 False False 39.741795 -105.08935 60105 /listing/286457856-151082055/8205-w-16th-avenue-lakewood-co-80214 False 0 2480000.0 7560 101 9425774 False 47191158 0
$2,480,000
MLS# 9425774
Pending 12/28/20 02/18/21
  1. Listed on 12/28/20
  • 7,560 Square Feet Sq.Ft
  • 0.81 Acres
  • 1952 Year Built Yr. Built
8205 W 16th Avenue Lakewood, CO 80214 MLS# 9425774
Pending 12/28/20 02/18/21
286457856 39.741795 -105.08935 60105 /listing/286457856-151082055/8205-w-16th-avenue-lakewood-co-80214 False 0 2480000.0 7560 101 9425774 False
$2,480,000
  • 7,560 Square Feet
  • 0.81 Acres
  • 1952 Year Built
  1. Listed on 12/28/20
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Description
Courtesy Of Pinnacle Real Estate Advisors
Listing Information
  • Property Type: Commercial Sale
  • Property Subtype: Multi-Family
  • Structure Type: Low Rise (1-3)
  • PSF Total: 328.04
  • Price Per Acre: 3061728.40
  • Year Built: 1952
  • Year Built Effective: 1952
  • Construction Materials: Wood Siding
  • Special Listing Conditions: None Known
  • Current Use: Multi-Family
  • Stories: 1
Interior Features
  • Number of Units: 16
  • Occupant Type: Tenant (Multiple)
  • Unit Count: 3
Parking/Garage
  • Off-Street
  • Parking Spaces Number Of: 32
  • Parking Type: Off-Street
  • Parking: Asphalt
  • Parking Total: 32
  • Total Offstreet Spaces: 32
Community/Neighborhood Information
  • Walk Score: 81
HOA
  • 2nd HOA Fee (Annual Total): 0.00
  • 3rd HOA Fee (Annual Total): 0.00
  • Master HOA Fee (Annual Total): 0.00
  • Total Annual HOA Fees: 0.00
Financial Considerations
  • Actual Annual Net Income: 145967.00
  • Cap Rate: 5.89
  • Cap Rate Calculation: 6.17
  • Gross Income: 185171.00
  • Legal Description: SECTION 35 TOWNSHIP 03 RANGE 69 QTR SW SUBDIVISIONCD 645400 SUBDIVISIONNAME ROBBSBLOCK 002 LOT SIZE: 17633 TRACT VALUE: .405 SECTION 35 TOWNSHIP 03 RANGE 69 QTR SWSUBDIVISIONCD 645400 SUBDIVISIONNAME ROBBS BLOCK 003 LOT SIZE: 17633 TRACT VALUE: .405
  • Operating Expense: 39204.00
  • Operating Expense Includes: Insurance, Maintenance, Professional Management, Real Estate Tax, Utilities
  • Projected Annual Expense: 53676.00
  • Projected Annual Net Income: 153066.00
  • Projected Gross Income: 206742.00
  • Tax Amount: 10430.00
  • Tax ID: 39-353-14-003
  • Tax Year: 2020
  • Water Included YN: N
Exterior & Lot Features
  • Access: Public Road
  • Roof: Architectural Shingles
  • Road Surface: Paved
Schools Near 8205 W 16th Avenue Lakewood, CO
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(303) 962-9555
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