Overview

Development Opportunity: This 12,500 square foot lot is a partially-entitled multi family residential development. Just two blocks from I-25 and Colorado to the University of Denver campus, the location is ideal for either a for-sale condo development or for-rent multi-family development. It is very walkable to DU, Starbucks, bars and restaurants, and only one half mile to light rail and access to I-25. Plans call for 52 units of an average of 840 square feet, with a 1:1 parking ratio. Amenities will include a rooftop deck with views of both the mountains and downtown. Overall, these units will be very attractive to students, young professionals, and investors. The design concept has been approved by the City of Denver and a first-draft SDP submission is in process.

Location

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Neighborhood

University Hills (Denver)

University Hills (Denver) (33)

Property Details

  • Days on PL 309
  • Parking 42 Spaces
  • Lot Size 12,439 SF (0 Acres)
  • PSF $18
  • MLS ID 3089828
  • Type Residential
  • Style
  • Architecture
  • Structure Type 3+ Story
  • Seller Corporation/Trust
  • Above Grade sqft 62,508 SF
  • Finished sqft 62,508 FSF
  • Total sqft 62,508 TSF
  • Hoa Fees None
  • Year Built 2018
  • Faces South
  • Amenities 1031 Exchange, Air Conditioning-Central, City View, Mountain View

Additional Details

  • City Denver
  • School Districts Denver 1
  • Elementary School University Park
  • Junior High School Merrill
  • High School Thomas Jefferson
  • Zoned C-MX-5
  • Taxes $6,979
  • County Denver
  • Heat Delivery Forced Air
  • Heat Fuel Gas
  • Cooling Air Conditioning-Central
  • Water Public
  • Sewer Public
  • Fireplaces
  • Basement Type
  • Basement Finished % %
  • Year of Construction 2018

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