Rare boutique 48 unit, 5-story apartment or condo development project in the heart of Denver right near Central Business District. Waiting on SDP 2, TEP/TDM and Denver Water review back from City. Fully permitted by early 2024. Roughly $450k in entitlement costs have been spent to date and ARE included in the list price. Architecture, MEP, Structural, Civil Engineering, Survey, Soils, shoring plan, and phase I all complete. Construction budget complete with a reputable proven GC. Rents are projected in the $2.76 PSF range @ 767 SF average. This price point is in very high demand in Denver.
Listing Agent: Paul Ko Courtesy of: REDT LLC Attribution contact: 303-997-4001 | 303-997-4001 Listing Source: IRES - Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Updated: 3rd February, 2023 2:16 PM (UTC)