1550 Kendall StreetLakewood, CO 80214
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MMG is pleased to present Kendall Apartments, an investment opportunity in the thriving Sloan's Lake/Edgewater neighborhood, just west of Denver. This 9-unit multifamily property features a highly desirable unit mix of spacious two-bedroom units, ensuring broad tenant appeal and consistent demand. Each unit is separately metered for gas and electric, significantly reducing utility expenses and enhancing operational efficiency. Situated on 29,000 SF of high-density multifamily zoning, the property is exempt from Lakewood's 1% growth restriction, offering substantial redevelopment potential and future appreciation. All units have been updated to meet modern standards, and the roof was replaced in 2023, minimizing immediate capital expenditures and ensuring a hassle-free investment. This well-maintained asset, strategically located in a vibrant neighborhood, promises strong tenant demand and excellent upside potential, making it an ideal addition to any commercial real estate portfolio.
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Price changed to $1,695,000 | |
| 2 months ago | Listing first seen on site |
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