1045 Balsam St, Lakewood, CO, 80214

Highlights

• Value-Add Investment Opportunity: The property offers immediate upside through interior/exterior renovations and rental increases, with current rents below market.
• Diverse Unit Mix in a Strong Rental Market: Includes 11 units (studio, one-bedroom, and two-bedroom options), appealing to a wide range of tenants in a highly sought-after area.
• Prime Lakewood Location: Centrally located with easy access to major roads and public transit, enhancing tenant appeal and long-term value.

Description

Located in the heart of Lakewood, Colorado, 1045 Balsam Street is an 11-unit multifamily property offering a strong value-add opportunity for investors. The unit mix consist of one studio, four one-bedroom/one-bath units, and six two-bedroom/two-bath units, providing a diverse range of options for tenants in a highly sought-after rental market. The property is well-positioned for upside through both interior/exterior renovations and rental increases. Current rents are below market, and updating the units offers a clear path to enhancing both income and asset value. The location is another key strength, with convenient access to major roadways and public transportation. This property represents a rare chance to acquire a well-located multifamily asset with immediate potential for increased cash flow and long-term appreciation. With strong rental demand in the area and a clear opportunity to improve performance through strategic upgrades, 1045 Balsam Street is a compelling addition to any investment portfolio.

Located in the heart of Lakewood, Colorado

Documents