Homes for sale - 1600 & 1601 Garland & Garrison ST, Lakewood, CO 80...

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Jason Shiri

LPT Realty

team@cohomesold.com +1(720) 490-7720

$3,950,000

Est. payment - /mo

16,164 SqFt

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,164 sqft

Price per Sqft $244

MLS Listing ID 2178426

HOA Y/N No

Year Built 1962

Annual Tax Amount $17,322

Tax Year 2024

Property Sub-Type Multi Family

Source recolorado

Property Description

MMG is pleased to present the opportunity to purchase 1600-1604 Garland St & 1601 Garrison St, a 22-unit multifamily portfolio. This asset features an exceptional unit mix, attracting a diverse tenant demographic and providing strong leasing potential. Investors can execute a value-add strategy through unit renovations, introduce a utility bill-back system to optimize operating expenses, and
stabilize rental rates to align with the competitive market. These enhancements will position the property for maximized cash flow
and long-term asset appreciation in a high-demand Lakewood submarket.

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Total Parking Spaces 40

Garage No

Building

Sewer Public Sewer

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Listed by MMGREA LLC

Q U I C K S E A R C H

1600 & 1601 Garland & Garrison ST Lakewood, CO 80226