DEVELOPMENT OPPORTUNITY: 48-unit Multifamily/Condo Project. LOCATION: The project is located directly on Park Avenue in the heart of the rapidly developing Arapahoe Square neighborhood. This area, immediately east of the Central Business District and directly south of LoDo, was completely rezoned in 2016 to allow for high-density, transit-oriented development like this project. 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. Light Rail access is within five blocks and the CBD is an easy bike ride across Broadway.UNIT MIX: The average unit size of 737 square feet will be ideally targeted toward the modern professional that demands walkability, close proximity to downtown, and a transit oriented lifestyle.INCOME: The property is currently leased as a parking lot for gross rent of $2,250 per month. The lease can be terminated at any time once permits are ready.
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy ofREDT LLC