Overview

RedT Homes is proud to offer this nearly permit ready 48 unit, 5-story apartment or condo development project in the heart of Denver- just Northeast of the CBD and directly East of LoDo. A large amount of institutional money is being poured into this neighborhood as its one of few remaining development areas in the urban core. Rents are projected in the $2.55 PSF range ($1,875/mo. @ 739 sf avg.) in the area. Condo units are projected to sell at an average of $400k each, ranging from $250k-$599k. This price point is in very high demand in Denver. Permits are expected this August with construction able to start right after. The now $2.75m list price includes: Land, Architecture, MEP/Structural/Civil Engineering, Survey, Soils, and phase I. Financials available upon request.

Location

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Neighborhood

Five Points (98)

Property Details

  • Days on PL 61
  • Parking Spaces
  • Lot Size 12,482 SF (0 Acres)
  • PSF
  • MLS ID 9174224
  • Type Land
  • Style
  • Architecture
  • Structure Type
  • Seller Corporation/Trust
  • Above Grade sqft SF
  • Finished sqft FSF
  • Total sqft TSF
  • Hoa Fees None
  • Year Built
  • Faces
  • Amenities

Additional Details

  • City Denver
  • School Districts
  • Elementary School
  • Junior High School
  • High School
  • Zoned D-AS-12
  • Taxes $18,170
  • County Denver
  • Heat Delivery
  • Heat Fuel
  • Cooling
  • Water
  • Sewer Public
  • Fireplaces
  • Basement Type
  • Basement Finished % %
  • Year of Construction