Property
ActiveCommercial
1/21
$1,350,000

1201 Brentwood Street

Lakewood, CO 80214
0
Beds
0
Baths
5,946
SqFt
0.29
Acres
RECOLORADO
#5312588
Updated: May 5, 2026, 10:00pm

Property Description

6.69% proforma cap rate • 8-unit multifamily • Eiber neighborhood, Lakewood. Stabilized 8-unit apartment community in Lakewood's Eiber neighborhood offering immediate cash flow and rent growth potential. Current gross rents of $124,416/yr are below market at $136,800/yr proforma — a built-in value-add opportunity without renovation required. NOI of $90,310 and pre-tax cash flow of $32,034 based on 60% LTV financing at 6.0%. Priced at $168,750/unit and $281/SF on a 12,500 SF lot. Unit mix: four 1BD/500 SF at $1,080 current ($1,200 market) and four 2BD/700 SF at $1,512 current ($1,650 market). Located in the Eiber neighborhood with direct access to the Garrison light rail station (W Colfax line) and quick connections to I-70 and US-6. Mint & Serif Coffee and Brynmor Coffee within 0.4 mi on Carr St. Natural Grocers on W Colfax within 0.7 mi. Sloan's Lake Park 2.5 mi east; Crown Hill Park 1.5 mi north. 40 West Arts District nearby on Colfax. Downtown Denver approx. 15 min. Jefferson County. Jeffco Public Schools district.

Property Details

Interior
Building Area Total
5946
Construction
Also Marketed As
Residential IncomeCommercial Sale
Construction Materials
Frame
Number Of Units Total
8
Roof
Shingle
Structure Type
Low Rise (1-3)
Year Built
1960
Year Built Effective
2015
Site & Exterior
Current Use
Multi-Family
Lot Size Acres
0.29
Lot Size Area
12545
Lot Size Square Feet
12545
Lot Size Units
Square Feet
Offstreet Spaces
8
Parking Total
8
Sewer
Public Sewer
Water Included
Yes
Financials
Contract Earnest Check To
Land Title
Contract Min Earnest
35000.00
Exclusions
Tenant's Personal Property and Seller's Personal Property
Parcel Number
050903
Special Listing Conditions
None
Tax Annual Amount
8919
Tax Legal Description
SECTION 02 TOWNSHIP 04 RANGE 69 QTR NW SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 094 LOT 0021 SIZE: 3125 TRACT VALUE: .072 SECTION 02 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 094 LOT 0022 SIZE: 3125 TRACT VAL UE: .072 SECTION 02 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 094 LOT 0023 SIZE: 3125 TRACT VALUE: .072 SECTION 02 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 094 LOT 0024 SIZE: 3125 TRACT V ALUE: .072
Tax Year
2024
Title Company
Land Title

Neighborhood & Lifestyle

Listing provided courtesy of RECOLORADO via IDX. Updated: May 5, 2026, 10:00pm.
Josh Steck

Listing Agent

Compass - Denver

Call Agent