9797 W Colfax Ave, Lakewood, CO 80215


Stabilized existing renewals and increased occupancy from 75% to 93% in twelve months.  Previous out of state owner struggled with vacancy issues for 23 years.  Local hands-on leasing and management made a significant difference.  Refinanced property with $2,600,000, 6.5%, 10-year fixed, 25-year amortization, non-recourse loan. 


Cost PSF
Sale Price
Total Cost
Acquisition Date
April, 2007
Add. Capital Costs
Sale Date
May, 2014
Total Project Size
Sale Price / SF
Avg Annual Return
Acquisition Price