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    • Listing Provided By CBRE
    DESCRIPTION

    Aspen Terrace is located in a highly walkable area that includes Walmart Supercenter, Home Depot, Aviation Park, Jefferson High School, Casa Bonita, the Wadsworth light rail station and more. Many of the units have updated finishes, ceiling fans, designer floors, dishwashers, air conditioning and spacious floor plans. The property also includes large common courtyards, ample off-street and garage parking and two onsite laundry rooms. Aspen Terrace has newer roofs and new boilers in 2019. Substantial upside by renovating the units to get the rents up to a market level. Please note that the reflected price is with the current loan assumption and terms of the note are a 4.53% interest rate, interest only through December 2021, maturity date in December 2028. Please reach out for more information or to set up a tour.

    KEY DETAILS
    • Price:
    • $4,350,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 20,568
    • Acreage:
    • 1.03
    • Year Built:
    • 1960
    • MLS #:
    • 7562972
    • Street Address:
    • 7510 W 19th Ave
    • City:
    • Lakewood
    • State:
    • CO
    • Postal Code:
    • 80214
    • County:
    • Jefferson
    • Listing Status:
    • For Sale - Active

    Building

    • Construction Description:
    • Brick
    • Number Of Floors In Unit:
    • Two
    • Number Of Units:
    • 24
    • Number Of Units Vacant:
    • 2
    • Stories:
    • 2
    • Style:
    • Low Rise
    • Total Building Square Footage:
    • 20568
    • Type Of Roof:
    • Composition
    • Year Built:
    • 1960

    Business

    • Gross Income:
    • 349345
    • Operating Expense:
    • 131090

    Land

    • Existing Land Use:
    • Multi-Family
    • Lot Size:
    • 1.03
    • Lot Size Units:
    • Acres
    • Lot Square Footage:
    • 44726
    • Road Frontage Type:
    • Public Road
    • Road Type:
    • Paved

    Listing

    • Excluded:
    • Tenant Belongings.
    • Originating Mls:
    • Reco

    Location

    • Street Direction Prefix:
    • W
    • Street Type:
    • Avenue

    Money

    • Property Taxes:
    • $18,406
    • Tax Year:
    • 2019
    • Tenant Pays:
    • Cable Tv, Electricity, Gas, Internet, Trash Collection, Telephone, Water

    Rooms

    • Laundry:
    • Coin-Operated, Laundry Room

    Structures

    • Garage Parking Spaces:
    • 2
    • Has Garage:
    • Yes
    • Parking Spaces:
    • 49

    Systems

    • Existing Water:
    • Public
    • Sewage Type:
    • Public Sewer

    Source

    COMLIST
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    SCHOOL RATINGS

    No school information available.

    NOTES

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