Estimated payment $27,049/month
DEVELOPMENT OPPORTUNITY: 44-unit Multifamily/Condo Development Opportunity.
LOCATION: The project is located in the heart of the rapidly developing Arapahoe Square neighborhood, immediately east of the Central Business District and directly south of LoDo. The location features many amenities and is only one block to Great Divide Brewing, three blocks to Snooze, and five blocks to Coors Field and the center of LoDo. Very close proximity to light rail access and the CBD.
ENTITLEMENTS: The project will be sold fully entitled and is exempt from mandatory affordable housing.
UNIT MIX: Units ranging from 482-1,118 SqFt. have anticipated sales between $450k-$730k. They will be walkable, in close proximity to downtown and near public transit.
Listing Agent
REDT LLC Brokerage Email: nathan@redTHomes.com,720-255-4101 License #100004676
Property Type
Est. Annual Taxes
Lot Details
Community Details
Listing and Financial Details
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $67,872 | $856,950 | $856,670 | $280 |
| 2023 | $53,177 | $856,950 | $856,670 | $280 |
| 2022 | $53,177 | $712,650 | $712,360 | $290 |
| 2021 | $53,177 | $712,650 | $712,360 | $290 |
| 2020 | $31,732 | $427,690 | $427,400 | $290 |
| 2019 | $30,843 | $427,690 | $427,400 | $290 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | For Sale | $4,000,000 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Homestead Title |
$3,200,000
Three blocks from Light Rail StationDemographics over $114,000 annual income within one mileCOMPLETED- CITY & COUNTY OF DENVER PLANNING & BUILDING PROCESSSite Development Plans (SDP)Mylars signed, paid and recordedBuilding permit good 18 months – Completed November 2022 and can extend it for 6 months but have to pay for all taps at the same time 9 Permits
Cheryle Powell Rocky Mountain Commercial Associates, LLC
Source: REcolorado®
MLS Number: 2031493
APN: 2342-25-040
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