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287 S Hoyt Street, Lakewood, CO 80226$1,200,000

12
beds
8
baths
5600
ft2
· 9147
ft2 lot
$214 / ft2

Listing provided courtesy of Seth Williams, LoKation Real Estate
Source ReColorado;
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Fantastic rental income property to start or add to your portfolio. This 4 plex which boast of 3 beds and 2 bath in each unit has a current net cap rate of 6.2% and with some cosmetic improvements rents could soar and bring the cap rate up to 8.0% based on current fair market rent rates. This unit has a extremely low vacancy rate and is located in a highly sought after area. Specifically, its walking proximity to Colorado Christian University make it a ideal rental. This complex also desirable to those who want to work in or around St. Anthony's Hospital, Belmar, Red Rocks Community College and Sloan's Lake. Easy access to 6th ave, Hwy 285 and C-470 allow for quick commutes into Downtown Denver, the Mountains and the greater metro. The long term potential income and appreciation on this complex is rarely seen in Denver Metro real estate!

HOA

$962/month

On market

2 months

Year built

1981

Property type

Residential Income

Parking

12

MLS

1650186

Price / Sq.Ft.

$214 / ft2

Status

Active

Buyer’s Brokerage Commission

2.7%

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Home details for 287 S Hoyt Street

Interior Features & Layout
Appliances
•   
Laundry Details: In Unit
•   
Appliances: Dishwasher, Disposal, Oven
Heating & Cooling
•   
Has Cooling
•   
Heating Details: Baseboard
Flooring
•   
Flooring: Carpet, Laminate
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.0
Property Type
•   
Mls Prop Type: Residential Income
Building Info
•   
Building Condition: Fixer
•   
Style: Contemporary
•   
Roof: Composition
Lot Info
•   
Legal Description: SECTION 10 TOWNSHIP 04 RANGE 69 QTR SW SUBDIVISIONCD 108005 SUBDIVISIONNAME CAMPUS WEST CONDOS BLOCK LOT 0287 TRACT
•   
Acres: 9250 sq ft
Property Features
•   
Living Area Source: Builder
Exterior Features
•   
Exterior: Balcony
Utilities & Other Information
Utilities
•   
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available
Water & Sewer Info
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Hoa
•   
Hoa Fee: 962; Monthly
•   
Hoa Fee Frequency: Monthly
Terms
•   
Terms: Cash, Conventional, 1031 Exchange, Other
Listing Details
•   
Sale Type: Resale/New
Listing Info
•   
Status: Active
Tax/Assessment Info
•   
Taxes: 5370
School Neighborhood & Directions
School Info
•   
Elementary School: South Lakewood
•   
Middle School: Creighton
Location
•   
Subdivision: Campus West
Other
Calculation
•   
Dom: 27

Neighborhood snapshot

24
Properties for sale
5
Median days on market
$261.01
Median sold price/sqft
99.02%
Sold/List %
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Property History for 287 S Hoyt Street

08/26/2022
08/26/2022
ReColorado #1650186
pending
ReColorado #1650186
$1,200,000
08/16/2022
08/16/2022
ReColorado #1650186
pending
ReColorado #1650186
$1,200,000
08/10/2022
08/10/2022
ReColorado #1650186
temp_off_market
ReColorado #1650186
$1,200,000
08/10/2022
08/10/2022
ReColorado #1650186
deleted
ReColorado #1650186
$1,200,000
08/09/2022
08/09/2022
ReColorado #1650186
active
ReColorado #1650186
$1,200,000
+17.07%
See more property history

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street view

$1,200,000287 Hoyt StLakewood, CO 80226

12 bed
8 bath
5600
 ft²
 · 
9147
 ft²  lot
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