Sold
9885 W 21st Avenue Bldg , Unit
See all 34 Photos Sold Lakewood, CO 80215
MLS# 7327662
Sold by Robert Lawson on 08/25/2020
Commercial Property Type
0.85 Acres
14265.00 Sq Ft
1961 Year Built
Zoning
Overview
Hilltop Park Apartments, a 16-unit multifamily apartment investment opportunity located in Lakewood, CO. All units are recently remodeled and feature large rooms, vinyl plank flooring, fully equipped kitchens (with dishwashers), new plush carpets, lots of natural lighting and all new bathrooms. The property sits directly adjacent to a brand new public park with a playground, picnic tables and a basketball court. It is also centrally located to a host of conveniences for tenants to enjoy. These include quick access to groceries at either Safeway or King Soopers, shopping for essentials at the nearby Target and Walmart, or grabbing a quick bite to eat at the numerous local and national restaurants located a few blocks south on the popular Colfax Avenue corridor. Local schools and parks in the area include Crown Hill Park, Red Rocks Park/Amphitheater, Red Rocks Community College, and Rocky Mountain College of Art and Design, just to name a few.
New Home Sales Hours
Courtesy Of Pinnacle Real Estate Advisors
Source: REcolorado
Upcoming Open Houses
Virtual Open Houses
Features
Leasing Information
Leasing Details
- Application Fee $
- Availability Date
- Corporate Rental?
- Deposits Potentially Refundable
- Existing Lease Type
- Lease Amount $
- Lease Description
- Lease Duration
- Liability Insurance Required
- Owner Pays
- Rent Deposit
- Rental Application
- Security Deposit $
Pet Details
- Pet Deposit
- Pet Rent
- Pets Allowed
Interior Features
Summary
- Year Built Effective 2017
Basement Details
- Basement? No
- Basement
- Basement Ceiling Height
Fireplace Detail
- Fireplace Features
- No. of Fireplaces
Square Foot Details
- SqFt 14,265
- Living Area, Finished
- Above grade, Finished
- Basement, Finished
- Basement, Unfinished
- PSF Total $220.82
- PSF Finished $
- PSF Above Grade $
Use details
- Leaseable Area 14000.00
- Office Area
- Retail Area
- Warehouse Area
Other
- Accessibility Features
- Appliances
- Building Class
- Building Features
- Ceiling Height
- Common Walls
- Exclusions Tenant's Possessions
- Flooring
- Furnished
- Interior Features
- Laundry Availability
- Security Features
- Spa Features
- Window Features
Room Details
Bathroom Details Total Bathrooms:
- Full Baths 1/2 Baths 1/4 Baths 3/4 Baths
- Total Bathrooms
Bathroom Location Details
- Main Level Upper Level Lower Level Basement
Bedroom Location Details Total Bedrooms:
- Main Level Upper Level Lower Level Basement
More Room Details
- Room Level Room Type Room Description Room Width Room Length
Unit Information
Summary
- Number of Units 16
- Number of Units Furnished
- Number of Units Vacant
- Unit Features
Single Unit Details
- Unit Type 2 Bedroom
- Total Units 16
- Average Rent
- Average SqFt 875.00
- Dishwashers
- Washers
- Dryers
- Hookups
- Refrigerators
- Stoves
- Air Conditions
- Fireplaces
- Storage Units
- Description 2Br/1Ba Units
- Actual Rent
- Total Rent
- Bedrooms Per Unit
- Bathrooms per Unit
- Parking Per Unit 2
Exterior/Lot Features
Summary
- Available Elevations
- Entry Location
- Faces
- Horse Amenities
- Horse Property
- Levels
- Stories
- Structure Type Low Rise (1-3)
- Unit Floor #
- View
Builder Details
- Builder
- Completion Time From Groundbreaking
- Model Type
Construction details
- Architecture
- Construction Materials Brick
- Foundation Details
- Roof Unknown
Exterior Details
- Dock Features
- Door Features
- Exterior Features
- Fencing
- Number of Docks
- Number of Doors
- Number of Storage Units
- Other Equipment
- Other Structures
- Patio And Porch Features
- Pool Features
- Ski Features
Livable Structure Details
- Type Bedrooms Bathooms Sq Ft Flooring Description
Lot Details
- Acres Leased
- Crop Acres
- Cultivated Acres
- Features
- Irrigated Acres
- Lot Number
- Lot Size Acres 0.85
- Lot Size Dimensions
- Lot Size SqFt 36,980
- Sq Ft
- Pasture Acres
- Price Per Acre $3,705,882.35
- Vegetation
- Waterfront Features
Mobile Details
- Make
- Model
- Body Type
- Exterior Dimensions x
- Skirt
Outbuilding details
Road details
- Access
- Road Responsibility
- Road Surface
Parking/Garage
Parking Space Summary
- Parking Features
- Total Parking Spaces 32
- Garage Spaces
- Total Carport Spaces
- Total Offstreet Spaces 32
- Total Reserved Spaces 0
- Total RV Spaces 0
Parking Space Details
Utilities & Green Home Features
Summary
- Cooling
- Green Energy Efficient
- Heating
- HVAC Description
Green Ratings
- Green Certification Level Certified Year Certified Score
Power Production Details
- Type Size Year Installed Ownership Lease Amount Purchase Agreement Amount
Sewer
- Sewer Public Sewer
- Sewer Fee
- Sewer Tap Paid YN
Utilities details
- Electric Service
- Gas Tap Fee
- Gas Tap Paid YN
- Utilities
Water / Well
- Irrigation Source
- Issued Well Permit Numbers
- Water Available 1
- Water Source Public
- Well Type
- Well Usage
- Water Fees
- Water Tap Paid?
- Water/Mineral Rights
Association Information
HOA Summary
- Amenities Completed
- Amenities Opening
- Association Amenities
- Association(s) No
- HOA Fee Includes
- Total Annual HOA Fees $0
Financial Considerations
Summary
- Cap Rate 5.52
- Cap Rate Calculation
Actual expense details
- Operating Expense $84036.00
- Operating Expense Includes Insurance,Maintenance,Professional Management,Real Estate Tax,Utilities
Commission Information
- Buyer Agency Compensation 2%
- Compensation Offered
- Dual Variable Compensation No
- Commission Modified NA
- Closing Comments
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Income details
- Actual Annual Net Income $179,562
- Gross Income $263,598
- Income Includes
- Income Includes Description
Landleasing details
- Land Lease Amount
- Land Lease Amount Frequency
- Land Lease?
Projected
- Other Annual Income $
- Potential Rental Income Annual $
- Projected Annual Expense $84,684
- Projected Annual Net Income $191,882
- Projected Gross Income $276,566
- Projected Gross Operating Income $
- Projected Gross Scheduled Income $
- Vacancy Credit Losses
Tax details
- Annual Tax $12,271
- Legal Description SECTION 34 TOWNSHIP 03 RANGE 69 QTR NW SUBDIVISIONCD 826400 SUBDIVISIONNAME WESTMOOR ACRES BLOCK 003 LOT 0014 SIZE: 4250 TRACT 00A VALUE: .098 SECTION 34 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 826400 SUBDIVISIONNAME WESTMOOR ACRES BLOCK 003 LOT 0015 SIZE : 10730 TRACT 00A VALUE: .246 SECTION 34 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 826400 SUBDIVISIONNAME WESTMOOR ACRES BLOCK 003 LOT 0016 SIZE: 11000 TRACT VALUE: .253 SECTION 34 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 826400 SUBDIVISIONNAME WESTMOOR ACRES BL O CK 003 LOT 0017 SIZE: 11000 TRACT VALUE: .253
- Tax Exemptions
- Tax ID 055450
- Tax Year 2019
Other
- Tenant Pays
- Utilities Metering
- Utilities Paid By Tenant
Neighborhood
Summary
- Building Name
- Development Name
- Park Name
- Senior Community No
- Subdivision
New Home Community
Zoning Details
- Current Use Multi-Family
- Incorporated? No
- Zoning
- Zoning Jurisdiction
Other
Business Details
- Business Amenities
- BusinessDescription
- BusinessType
- Year Established
History
- Original List Price $3,250,000
Partial Ownership Details
- Partial Ownership Amount
- Week Remarks
- Weeks Available
Other
- Home Warranty
- Ownership
- Possession
- Special Listing Conditions None Known
- Year Built 1961
This REALTOR? is a member of the National Association of REALTORS?
Pinnacle Real Estate Advisors
BUYER AGENT
Robert Lawson
Pinnacle Real Estate Advisors
Mortgage Calculator
School Zone
District:
Schools: Elementary School, High School, Middle School
Area Map
Walk Score
Bike Score
0
description
Transit Score
0
description
summary
Walk Score
0
description
Demographics
Nearby Homes For Sale
You have an image of the perfect listing in your mind and we’re on a mission to help you find it. These property listings meet your search criteria and are within or close to Lakewood
This REALTOR® is a member of the National Association of REALTORS®
Pinnacle Real Estate Advisors
CO-LISTING AGENT
CO-BUYER AGENT
Schedule a Tour
Favorite Listings
You Have Saved a Favorite Listing
Do you want to receive notifications for this listing?
Visit your profile to manage your favorite listings and notifications. View My Profile >
Favorite Listings
Are you sure you want to remove this listingas a favorite and no longer receive notifications?
Visit your profile to manage your favorite listings and notifications.
View My Profile >
Save This Search
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras posuere enim sed arcu consectetur tristique. Sed ut orci nisi.
Saved Searches
Manage My Saved Searches and Notifications
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras posuere enim sed arcu consectetur tristique. Sed ut orci nisi.
My Saved Searches
- houses under 500k View Results X
- Saved Search B View Results X
- Saved Search C View Results X
- Saved Search D View Results X
Visit your profile to manage your favorite listings and notifications.
View My Profile >
Commercial 2 /properties/Listing_2008449437+9885+21st+Lakewood+CO+80215-recolorado2008449437.html
Customer Success Hours
- Monday - Friday: 8:00 AM to 6:30 PM
- Saturday: 8:00 AM to 5:00 PM
- Phone: (303) 850-9576
- Email: support@REcolorado.com
Contact Info
- Monday - Friday: 8:00 AM to 5:00 PM
- Phone: (303) 850-9576
- Fax: (303) 850-9637
