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1350 S Sheridan Blvd - Tailwater Apartments 0.55 Acres of Commercial Land in Denver, CO 80232
INVESTMENT HIGHLIGHTS
- Premier Location
- Fully Entitled Development Opportunity
- Strong Demographic Fundamentals
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 0.55 AC |
| Zoning | G-MU-5 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.55 AC |
| Zoning | G-MU-5 |
1 LOT AVAILABLE
Lot
| Lot Size | 0.55 AC |
| Lot Size | 0.55 AC |
Fully Entitled Development Opportunity: Tailwater offers significant speed-to-market advantages with fully approved plans for a 128-unit multifamily project.
DESCRIPTION
Tailwater offers significant speed-to-market advantages with fully approved plans for a 128-unit multifamily project. A Guaranteed Maximum Price (GMP) contract is in place with Colarelli Construction for $25.7 million, equating to approximately $215,000 per unit. Investors can immediately move to the construction phase without the risk and delays typically associated with Denver’s lengthy entitlement process, providing a major competitive advantage in today’s market.
PROPERTY TAXES
| Parcel Number | 5192-21-034 | Improvements Assessment | $210,000 |
| Land Assessment | $277,880 | Total Assessment | $487,880 |
PROPERTY TAXES
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1350 S Sheridan Blvd - Tailwater Apartments
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