Silver Leaf Apartments | 8150 W 26th Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Silver Leaf Apartments 8150 W 26th Ave
19 Unit Apartment Building $4,400,000 ($231,579/Unit) 6.31% Cap Rate Lakewood, CO 80214
Investment Highlights
- 3.1% Assumable Loan Fixed Through May 2031
- Newer Roof, Boiler, Domestic Hot Water Heater & Windows
- Value-Add Opportunity: Rental Upside via Continuing with Interior Renovation Plan
- Mostly Large, 2 Bedroom Units
- 10.77% Current Cash on Cash Return
- Recently Upgraded Plumbing & Electrical
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$369,600
|
$19.70
|
| Other Income |
$44,160
|
$2.35
|
| Vacancy Loss |
$20,688
|
$1.10
|
| Effective Gross Income |
$393,072
|
$20.95
|
| Taxes |
$26,334
|
$1.40
|
| Operating Expenses |
$89,215
|
$4.75
|
| Total Expenses |
$115,549
|
$6.16
|
| Net Operating Income |
$277,523
|
$14.79
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $369,600 |
| Annual Per SF | $19.70 |
| Other Income | |
|---|---|
| Annual | $44,160 |
| Annual Per SF | $2.35 |
| Vacancy Loss | |
|---|---|
| Annual | $20,688 |
| Annual Per SF | $1.10 |
| Effective Gross Income | |
|---|---|
| Annual | $393,072 |
| Annual Per SF | $20.95 |
| Taxes | |
|---|---|
| Annual | $26,334 |
| Annual Per SF | $1.40 |
| Operating Expenses | |
|---|---|
| Annual | $89,215 |
| Annual Per SF | $4.75 |
| Total Expenses | |
|---|---|
| Annual | $115,549 |
| Annual Per SF | $6.16 |
| Net Operating Income | |
|---|---|
| Annual | $277,523 |
| Annual Per SF | $14.79 |
Property Facts
| Price | $4,400,000 | Apartment Style | Low Rise |
| Price Per Unit | $231,579 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.83 AC |
| Cap Rate | 6.31% | Building Size | 18,763 SF |
| No. Units | 19 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Parking Ratio | 1.87/1,000 SF |
| Price | $4,400,000 |
| Price Per Unit | $231,579 |
| Sale Type | Investment |
| Cap Rate | 6.31% |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.83 AC |
| Building Size | 18,763 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.87/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Carpet
Site Amenities
- Courtyard
- Laundry Facilities
- Picnic Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,050 | 618 |
| 2+1 | 18 | $1,579 | 900 |
1 of 1
zoning
| Zoning Code | R-5 (High Density Residential) |
| R-5 (High Density Residential) |
1 of 26
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Silver Leaf Apartments | 8150 W 26th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.