MLS® ID: 9174224

990 Park Avenue

Denver, Colorado, 80205

$2,749,000 Active
  • - SQFT
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 it’s 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.
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Listing courtesy of REDT LLC

Amenities

  • Zip
    80205
  • Office name
    REDT LLC
  • Property type
    Land
  • Zoning type
    D-AS-12
  • Community name
    Arapahoe Square
  • School district
    Denver 1
  • Lot size
    0.28
  • Sewer
    Public
  • Tax year
    2017
  • Agent name
    Jesse Rolla
  • Tax amount
    $ 18170.0
  • Price Range
    $2m+
  • Acreage Range
    0.25 - 0.5
  • Office ID
    M2571
  • Agent ID
    51223

Location

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