5530 W 3rd Pl — Sale in Lakewood, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Lakewood, CO 80226

Photos

5530 W 3rd Pl — Sale in Lakewood, CO, photo 1 of 2
5530 W 3rd Pl — Sale in Lakewood, CO, photo 2 of 2

Investment Figures

Cap rate
5.21%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

5530 W 3rd Pl presents investors with the opportunity to acquire a well-located workforce housing asset in the central Lakewood corridor with a clear path to income growth through below-market in-place rents. With rents materially below renovated comparable properties, a new owner can achieve meaningful NOI expansion through modest interior improvements and natural lease rollover, delivering early yield growth within a stable renter demand segment. Investment Highlights: • Workforce housing with attainable rents around $1,300, offering affordability in West Denver near major employment hubs. • All two-bedroom units enable a consistent, repeatable renovation plan that minimizes complexity. • Priced at $206,250/unit, offering an attractive entry point with strong value-add and rent-growth potential.

Market Context

This multifamily in Lakewood, CO is listed for sale. It is offered at an approximate 5.2% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Lakewood, CO — view the full market.

Contact

Explore this market

Similar Multifamily Property for Sale in Lakewood, CO