Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
Listing photo for 8150 W 26th Avenue 1, Lakewood, CO
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8150 W 26th Avenue 1,

Lakewood, CO $4,000,000

$4,000,000

0.83 Acre

Silver Leaf Apartments is in the Morse Park neighborhood of Lakewood, one of metro Denver’s top performing apartment markets. The property is across the street from Crown Hill Park & Wildlife Sanctuary, providing more than 229 acres of open space out the tenants’ front door. Fourteen (14) of the units at the property have been renovated to include new LVT plank flooring, carpet, paint, finishes, and appliances where needed. Two of these units have a premium level of finishes and include updated shaker cabinets, designer lighting, stainless steel appliances, tile backsplash and a rearranged kitchen floor plan. All units include large spacious floor plans, a dishwasher, disposal, air conditioning, ceiling fans and individual thermostats. The value-add potential is proven for the five unrenovated units. Either finish level would significantly increase the cash flow and returns. Substantial capital improvements were completed at the property in the past few years, including a new boiler, roof with warranty, windows, and replaced air conditioning units as needed. The building is located on a large, 0.83-acre site that has 35 off-street parking spaces, a common courtyard and picnic area. Silver Leaf Apartments is five minutes from the trendy Sloan’s Lake neighborhood. This community is thriving with shopping, entertainment, bars and restaurants including Sloan’s Tap & Burger, Starbucks, Alamo Drafthouse, Target, King Soopers, Joyride Brewing Company, Edgewater Inn, Lakeview Lounge, Edgewater Public Market, Seedstock Brewing and many more. The Lakewood North submarket where Silver Leaf Apartments is located is thriving. In the first quarter 2020, the average vacancy rate for 9 to 50 units buildings in the submarket was just 1.3%. The vacancy rate has remained below 2.0% for the past two years. The average rent for two-bedroom, one-bath units in the submarket rose to $1,386/month, a 2.5% increase over the previous quarter. *

Facts & Features
MLS® # 2856469
Price $4,000,000
Bathrooms 0.00
Acres 0.83
Year Built 1969
Type Commercial
Sub-Type Multi Family
Style Low Rise
Status Active
Community Information
Address 8150 W 26th Avenue 1
City Lakewood
County Jefferson
State CO
Zip Code 80214
Amenities
Parking Spaces 35
Is Waterfront No
Has Pool No
Interior
Fireplace No
# of Stories 2
Exterior
Roof Membrane
Construction Brick
Additional Information
Date Listed June 25th, 2020
Days on Market 122
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office CBRE, Inc.
Photo of Jeanette Muth

Jeanette Muth

Office: 7205988600
Cell: 7206015095

Metrolist Services Inc (Colorado) Logo Terms and Conditions: The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than IHOMES COLORADO are marked with the IDX Logo. This information is being provided for the consumers personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Copyright 2020 METROLIST, INC., DBA RECOLORADO® -- All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

Listing information last updated on October 25th, 2020 at 10:19pm MDT.

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Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

Metrolist Services Inc (Colorado) Logo Terms and Conditions: The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than IHOMES COLORADO are marked with the IDX Logo. This information is being provided for the consumers personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Copyright 2019 METROLIST, INC., DBA RECOLORADO® -- All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA