Garland & Garrison Lakewood, CO
Access CA / Doc CenterGarland and Garrison
Address
1600-1604 Garland St
1601 Garrison St,
Lakewood, CO 80215
Investment Highlights
- Prime Location with Easy Access to Denver
- Strong Market Demographics
- Recent Capital Improvements
- Tenant Amenities & Community Features
- Value-Add Opportunity
Prime Location with Easy Access to Denver
Located in Lakewood, CO, this 22-unit property offers tenants a prime suburban lifestyle with convenient access to downtown Denver via Colfax Avenue. The property is also just a short drive to the Foothills, providing a balance of urban accessibility and outdoor recreation. Additionally, residents benefit from walking distance access to several national retailers, local parks, and dining options, making it an attractive option for a diverse tenant base.
Strong Market Demographics
The property is situated in a high-income area, with an average household income exceeding $81,000 and an average home value of over $500,000 within a one-mile radius. These strong demographics support continued rental demand and long-term appreciation potential, positioning the asset for strong occupancy rates and rental growth.
Recent Capital Improvements
The property has undergone significant capital improvements, ensuring a well-maintained investment with reduced future maintenance costs. All roofs have been recently replaced, providing structural durability and protection. A new boiler system has been installed, improving energy efficiency and lowering utility costs. Additionally, one of the property's sewer lines has been replaced, mitigating potential repair concerns and ensuring smooth operations for years to come.
Location Map
Amenities
Tenant Services
Unit Amenities
- Storage Lockers for Tenants
- Air Conditioning
- Updated Kitchens with Stainless Steel Appliances
- Most Units Have Front and Back Door Access
- LVP Flooring
- Large Floor Plans
Community Amenities
- Picnic Area with Grills
- Pet Play Area
- Over 1:1 Off-Street Parking Ratio
- On-Site Laundry
Team
Brokerage Team
When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively.
MMG possesses a unique combination of talent, resources, expertise, and access that delivers an elevated experience from acquisition to disposition. Discover the benefits of a partnership with us.
