Viewing Listing MLS# 9174224

  • $2,749,000 List Price
    Reduced -$1,000
  • 990 Park Avenue
    Denver 80205
N/ATotal SqFt
N/AYear Built
0.28Acres
  • MLS# 9174224
  • Land
  • Land
  • Active

CountyDenver
SubdivisionArapahoe Square

Agent Remarks

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.


Agriculture/Farm

Association Fees / Info

Association Fee Total Annual:  $0

Association Fee Tertiary Annual:  $0

Association Fee Secondary Annual:  $0

Association Fee Primary Annual:  $0

Building Info

Exterior

Acres:  0

County:  Denver

Fees / Restrictions

Financial

Garage / Parking

Lot Info

Zoning:  D-AS-12

Lot Size Sqft:  12,482

Misc

Other

Zoning:  D-AS-12

Special Features

Site Type:  Multi-Family

Tax Info

Tax Year:  2017

Tax Amount:  18,170

Utilities / HVAC

Sewer:  Public

Waterfront / Water

Sewer:  Public

Schools

Provided courtesy of REDT LLC

Featured Lender

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Wayne Tucker

Spectra Mortgage

303-468-1985
wtucker@spectramortgage.com
https://www.spectramortgage.com

Mortgage Calculator

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Price & Status History (on sterlingreg.com since Fri, Aug 23rd 2019)
  • Original Price: $2,750,000
  • Current Price: $2,749,000
  • Price Reduced: $1,000
Date ChangedFromTo
09/05/2019$2,750,000 $2,749,000 Reduced by $1,000

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