287 S Hoyt St

Lakewood, CO 80226
Square Ft.
5,766
$1,025,000
287-293 S Hoyt Street offers investors the opportunity to acquire a well-maintained 4-unit apartment building ideally situated in the heart of Lakewood, just under two miles from the vibrant Belmar shopping district, with convenient access to Kipling and Alameda. Constructed in 1981, the property features four spacious, townhome-style units,Read MoreRead Less
Courtesy of Dan Hawthorne, NorthPeak Commercial Advisors, LLC, 720-738-1944.
Listing Snapshot
Days Online
93
Last Updated
Property Type
Income Property
Square Ft.
5,766
Lot Size
0.13 Acres
Year Built
1981
MLS Number
7955721
30 Days Snapshot Of 80226
$541k
-9%
(avg) sold price
14
-30%
homes sold
23
-54%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
5766 total sqft, Living Area: 5766, Above Grade Finished Area: 5766, Building Area Total: 5766, Construction Materials: "Wood Siding", Levels: "Three Or More", Stories: 3, Year Built: 1981
Expenses
Operating Expense: $27,624
Garage
Type: Off Street, Covered Spaces: 6, Garage Spaces: 6
Water Features
Has Water Rights: No, Water Source: "City Water"
Heating
"Hot Water"
Home Owner's Association
Has Association, Fee: 15000, Fee Frequency: Annually, HOA Transfer Fee: No
Income
Gross Income: $96,554, Net Operating Income: $68,930
Lot
0 acres, 5766 sqft, Area: 5766
Parking
Other Parking: Parking Per Unit(1.5 Spaces/Unit)
Property
Property Condition: "Not New, Previously Owned", Crops: None
Roof
"Other"
Sewer
"City Sewer", "Public Sewer"
Taxes
Tax Annual Amount: 91, Tax Year: 2024
Tenant Pays
Tenant Pays: "Electricity"
Unit One
Rent: $2,000, Bedrooms: 3, Total Baths: 2, 1430 estimated sqft
Unit Two
Rent: $2,000, Bedrooms: 3, Total Baths: 2, 1484 estimated sqft
Unit Three
Rent: $2,400, Bedrooms: 3, Total Baths: 2, 1522 estimated sqft, Number 3 Bedroom Units: 4
Unit Four
Rent: $2,100, Bedrooms: 3, Total Baths: 2, 1388 estimated sqft
Utilities
Electric: "Separate Meter Electricity", Gas: "Master Meter-Gas"
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Adam Schwartz
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