REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,950,000
Est. payment /mo
Price Dropped by $300K
1600 & 1601 Garland & Garrison ST Lakewood, CO 80226
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
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.
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
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by MMGREA LLC