1175 S Ames Street

Investment Overview

A low-rise multifamily asset in an infill Lakewood submarket where new supply is effectively capped and tenants rent for lifestyle, not just price. Belmar walkability and mountain access pull from two different renter pools, giving the property a demand base that doesn't depend on undercutting the market on rent. Below-market in-place rents and dated interiors leave a clear value-add runway for an operator willing to run the standard kitchen, bath, and flooring playbook. At a scale that suits a 1031 buyer, small syndicate, or local owner-operator, this is a hard asset in a submarket where comparable new construction simply doesn't pencil.

Investment Highlights

• Low-rise/garden multifamily in supply-constrained infill Lakewood
• Walkable to Belmar — 22 blocks of retail, dining, and entertainment
• Green Mountain Park and Bear Creek Lake Park minutes away
• Direct access to 6th Ave, Wadsworth, and RTD into downtown Denver
• Below-market in-place rents with interior value-add upside
• Basis below replacement cost — new low-rise doesn't pencil here
• Private-capital sized for 1031, syndicate, or local operator