11508 West 16th Avenue

Lakewood, CO 80215

$2,300,000
Price
15
Beds
20
Baths
7,538 Sq. Ft.
$305 / Sq. Ft.
7,538
Sq. Ft.
$305
per Sq. Ft.

Description

Turn-Key, Fully Rented Investment Opportunity! Start collecting income the day you close on this newly completed 5-unit multi-family townhome complex. Each townhome boasts 1,500 sqft of modern living space, featuring 3 bedrooms and 4 bathrooms, with rental income of $2,900 - $3,100/month per unit. Includes a builder warranty. The property includes durable flooring throughout, in-unit laundry facilities, central air conditioning, and fully equipped kitchen. Located in the path of progress, just blocks...Turn-Key, Fully Rented Investment Opportunity! Start collecting income the day you close on this newly completed 5-unit multi-family townhome complex. Each townhome boasts 1,500 sqft of modern living space, featuring 3 bedrooms and 4 bathrooms, with rental income of $2,900 - $3,100/month per unit. Includes a builder warranty. The property includes durable flooring throughout, in-unit laundry facilities, central air conditioning, and fully equipped kitchen. Located in the path of progress, just blocks away from the Light Rail Station and Denver Federal Center redevelopment. This property offers seamless investment potential-let the builder's loss be your gain! Don't miss out on this excellent opportunity to expand your portfolio with a high-demand rental property in a prime location.
  1. Listed by David Janis • Coldwell Banker Realty-Boulder • 3034425001

Amenities

  • Air Conditioning
  • Central AC
  • Common Outdoor Space
  • Forced Air
  • Laundry
  • Washer / Dryer in Unit
LISTING UPDATED: 11/20/2024 09:54 AM

Property Details for 11508 West 16th Avenue

StatusActive
MLS #1019299
Days on Compass88
Taxes$11,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeIncome Property
Year Built2024
Lot Size0.14 AC / 5,980 SF
CountyJefferson County

Building Information for 11508 West 16th Avenue

Stories3Residences5Year Built2024Building Size-Lot Size0.14 AC / 5,980 SF

Property Information for 11508 West 16th Avenue

Summary
Location and General Information
  • Longitude and Latitude: -105.12725, 39.74182
  • Latitude: 39.74
  • Longitude: -105.13
  • Elementary School District: Jefferson Dist R-1
  • Middle Or Junior School District: Jefferson Dist R-1
Parking
  • Parking Features: Alley Access
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2023
  • Tax Annual Amount: $11,500
  • Parcel Number: 517532
Property
Lot Information
  • Lot Improvements: Curbs, Gutters, Sidewalks
  • Lot Size Area: 5,980.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Has Improvements: No
Property and Assessments
  • Total Finished Area Source: Plans
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Location Description 2: No
  • Are Ditches Active: No
  • New Construction YN: Yes
  • Property Styles: 3
  • Levels: Three Or More
  • Home Warranty YN: No
Utilities
  • Cooling: Yes
  • Utilities 1: No
  • Electric: Electric, Xcel
  • Gas: Natural Gas, Xcel
  • Sewer: City Sewer
  • Heating YN: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lighting
Interior Features
  • ViewYN: No
  • Interior Features: Eat-in Kitchen, Open Floorplan
  • Laundry Features: Washer/Dryer Hookups
  • Spa YN: No
  • Window Features: Window Coverings
Multi Family
Multi-Family Information
  • Unit 1's Number of Bedrooms: 3
  • Unit 1's Number of Baths: 4.00
  • Unit 1's Estimated Square Feet: 1502
  • Unit 2's Number of Bedrooms: 3
  • Unit 2's Number of Baths: 4.00
  • Unit 2's Estimated Square Feet: 1521
  • Unit 3's Number of Bedrooms: 3
  • Unit 3's Number of Baths: 4.00
  • Number of 3 bedroom units: 5
  • Unit 3's Estimated Square Feet: 1521
  • Unit 4's Number of Bedrooms: 3
  • Unit 4's Number of Baths: 4.00
  • Unit 4's Estimated Square Feet: 1521
  • Unit 5's Number of Bedrooms: 3
  • Unit 5's Number of Baths: 4.00
  • Unit 5's Estimated Square Feet: 1473
Rental
Rental Information
  • Rent Unit 1: $3,100.00
  • Rent Unit 2: $2,990.00
  • Rent Unit 3: $2,990.00
  • Rent Unit 4: $2,825.00
  • Rent Unit 5: $2,825.00
  • Lease Sq Ft Unit: Square Feet
  • Total Actual Rent: $14,730.00
  • Horse YN: No

Public Records for 11508 West 16th Avenue

Taxable ValueLand$40,823Additions-Total$40,823
Tax Record2023$3,682 ($307 / month)
Home Facts
Beds0Lot Size6,273 SqFtStyleMiscellaneous Vacant LandCountyJEFFERSONAPN39-333-06-019

Schools near 11508 West 16th Avenue

This home is within Jefferson County R-1 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 12
Rating
School
Distance
Stober Elementary School
PublicK to 5

Everitt Middle School
Public6 to 8

Wheat Ridge High School
Public9 to 12

Rocky Mountain Deaf School
CharterPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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11508 West 16th Avenue is a multi-family home for sale in Lakewood, CO 80215. This property was listed for sale on September 25, 2024 by Coldwell Banker Realty-Boulder, it's currently listed at $2,300,000. This listing's school district is Jefferson County R-1 School District. Nearby schools include Stober Elementary School, Everitt Middle School and Wheat Ridge High School. 11508 West 16th Avenue is a 15-bed, 20-bath, 7,538 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty-Boulder, David Janis

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.