About 1201 Brentwood Street
6.69% proforma cap rate • 8-unit multifamily • Eiber neighborhood, Lakewood. Stabilized 8-unit apartment community in Lakewood's Eiber neighborhood offering immediate cash flow and rent growth potential. Current gross rents of $124,416/yr are below market at $136,800/yr proforma — a built-in value-add opportunity without renovation required. NOI of $90,310 and pre-tax cash flow of $32,034 based on 60% LTV financing at 6.0%. Priced at $168,750/unit and $281/SF on a 12,500 SF lot. Unit mix: four 1BD/500 SF at $1,080 current ($1,200 market) and four 2BD/700 SF at $1,512 current ($1,650 market). Located in the Eiber neighborhood with direct access to the Garrison light rail station (W Colfax line) and quick connections to I-70 and US-6. Mint & Serif Coffee and Brynmor Coffee within 0.4 mi on Carr St. Natural Grocers on W Colfax within 0.7 mi. Sloan's Lake Park 2.5 mi east; Crown Hill Park 1.5 mi north. 40 West Arts District nearby on Colfax. Downtown Denver approx. 15 min. Jefferson County. Jeffco Public Schools district.
Features of 1201 Brentwood Street
| MLS® # | 5312588 |
|---|---|
| Price | $1,350,000 |
| Square Footage | 5,946 |
| Acres | 0.29 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
| Features | Coin Laundry, Laundry |
Community Information
| Address | 1201 Brentwood Street |
|---|---|
| City | Lakewood |
| County | Jefferson |
| State | CO |
| Zip Code | 80214 |
Amenities
| Features | Coin Laundry, Laundry |
|---|---|
| Parking Spaces | 8 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Roof | Shingle |
|---|
Additional Information
| Date Listed | May 5th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass - Denver |
|---|---|
| Contact Info | 303-885-3934 |
| Contact | 303-885-3934 |