APPLEWOOD TOWNHOMES — Sale in Lakewood, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Lakewood, CO 80215

Investment Figures

Cap rate
5.25%

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

The Applewood Townhomes are a 12-unit, exclusively three-bedroom townhome community delivering what renters in this market are searching for and rarely find: spacious, new-construction, single-family-style living in one of Denver’s most desirable neighborhoods—without the $800,000 price tag of ownership. Every unit is a 1,620-square-foot, three-bedroom, three-bathroom townhome spanning multiple levels. Open-concept living on the main level. A dedicated bedroom and bath on each floor. In-unit washer and dryer. Attached one-car garage. Contemporary finishes—modern kitchens with quality appliance packages, durable flooring, clean sight lines, and smart storage. These are homes that tenants move into and stay in. The property occupies 0.62 acres at 11611 W 16th Avenue in the heart of Applewood. This is not a commercial corridor—it’s a residential neighborhood. Single-family homes, mature trees, the golf course visible from the community. The setting delivers the private, quiet feel that townhome renters pay a premium for, minutes from every amenity and transit connection a resident needs. Investment Highlights: • Brand-New Construction, Zero Deferred Maintenance • Below-Market Rents with Clear Upside • A Location That Cannot Be Replicated • Townhome Product at a Premium • Conservative Underwriting, Multiple Upside Levers • Institutional Product, Private Market Pricing

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. It has been on the market for 99 days. Compare it against other multifamily listings for sale in Lakewood, CO — view the full market.

As of Q4 2025, the Denver multifamily market showed cap rates around 5.3%. Source: multiple brokerage reports, Q4 2025.

Its 5.2% asking cap rate is in line with the Denver multifamily market average of about 5.3%.

Multifamily market FAQ

What is the typical cap rate for multifamily in Denver?
About 5.3% as of Q4 2025, per multiple brokerage reports.

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