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Pamela Gonacha, Associate Broker
FOR SALE
$5,250,000
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1225 Xavier St
Denver, CO 80204

Land
Residence
0.59
Lot Size
Courtesy: Teal Nipp Hagan - Kaufman Hagan; Phone: 720-984-0419; 

Description for 1225 Xavier St Denver, CO 80204

Xavier Residences is a near permit-ready investment opportunity to develop a unique hybrid for rent / for sale multi-family project. The final permit approval for this project is anticipated early Spring 2024. The architectural plans encompass 71 units, with a breakdown consisting of 61 apartment units and an additional 10 townhome-style units available for sale. Notably, Xavier Residences stands as one of the last expansive development parcels in West Colfax.Of strategic benefit to the developer, the project underwent review before the implementation of Denver's new "Expanding Affordable Housing" development requirements, positioning the project advantageously within the regulatory landscape. ** Complete shovel-ready construction drawings and permit approval anticipated early Spring 2024** One of the last expansive development parcels in West Colfax** Multiple exit strategies: POtential for Hybrid rent / for sale component: 61 apartment units & 10 townhome-style units** Permitted prior to new Affordable Housing Requirements

Property Details

3505470
Land, Other
Denver
0.59 Acres
City Sewer, Public Sewer
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Courtesy: Teal Nipp Hagan - Kaufman Hagan; Phone: 720-984-0419; 
Listing 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 source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES
This content last refreshed on 5/1/2024 9:49 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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Pamela Gonacha 4710 Table Mesa Dr. Ste. A, Boulder, CO 80305 | Phone: (303) 324-9600 | Email: [email protected]

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