1330-1366 Depew St

Investment Overview

Positioned in the supply-constrained city of Lakewood, this property presents an enticing opportunity for single or multifamily developers. Comprising two parcels with a combined size of 0.44 acres, the property is zoned R-MF and can accommodate a large building footprint. Located close to the light rail, these lots are poised to benefit from Lakewood's pending unit density increase and conformity to Colorado Transit-Oriented Community development tax breaks. The existing homes provide in-place cash flow to offset holding costs. This offering presents an excellent opportunity to benefit from future development incentives in a prime location for renters.

Investment Highlights

• Multifamily zoning
• Supply-constrained suburb
• Transit Oriented Community tax breaks
• In-place income