Prime 20-Unit Redevelopment Opportunity Across from the University of Denver! An exceptional opportunity to develop a 20-unit multifamily project directly across from the University of Denver. Located in one of Denver's most desirable rental markets with access to one of the city's strongest tenant bases-steps from DU and surrounded… Read More by top-tier amenities. Enjoy outstanding access to popular destinations including Old South Gaylord and Cherry Creek for dining and shopping, as well as Whole Foods, Trader Joe's, Target, Starbucks, local coffee roasters, and Home Depot. Commuting is seamless with light rail just a few blocks away and quick access to I-25, connecting you to downtown Denver and the Denver Tech Center. The approved conceptual design features a thoughtful mix of one- and two-bedroom units ranging from 643 to 908 square feet. The building footprint maximizes the allowable square footage with four levels of residential units over ground-level parking, totaling approximately 13,282 SF of rentable/sellable space. Layouts can be customized to suit a build-to-sell or build-to-lease strategy. The City of Denver has granted Concept Approval, making the project eligible for Site Development Plan (SDP) submission-streamlining the path to entitlement. The existing structure is a well-maintained, tenant-occupied 5-bedroom, 2-bathroom home with a detached 3-car garage, providing a covered land play while entitlements are finalized to buyer's specs. Aerial photos highlight potential views from the fifth story. Renderings illustrate one potential design, with flexibility for customization by the buyer. Read Less
Courtesy of Jared M. Randle, Guide Real Estate, [email protected],720-641-4876.
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