Listing Courtesy of REDT LLC

990 Park Avenue W

Denver, CO, 80205

$3,400,000

$3,400,000
Active
Active
 - For Sale
property_type
Land
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 Central Business District and directly East of LoDo. A large amount of institutional money is being poured into this neighborhood as it's one of few remaining development areas in the urban core. 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 $3.24 PSF range ($2,483/mo. @ 767 sf avg.) This price point is in very high demand in Denver. Financials available upon request.
MLS® ID:
5305749
Listed:
2/8/22
Updated:
10/1/22

Exterior/Building Features

Lot Size
0.28 acres lot
Sewer
Public Sewer

School Information

High School
Denver 1
Elementary School
Denver 1

Other Property Details

Taxes
$18170
Tax Frequency
per YEAR
Garage
No
Parking
N
View
Y
County
Denver
Water Source
Public
Pool
No
Zoning
D-AS-12

Property History

Date
Event
Price
Value
9/15/22
Price Change
$3,400,000
-5%
 

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