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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
As exclusive Advisor, MMG is pleased to present Tailwater, a development opportunity offering investors a rare chance to deliver a fully entitled, Class A multifamily project in one of Denver’s most dynamic and rapidly evolving neighborhoods. Situated near Sloan’s Lake Park and surrounded by expanding infrastructure and amenities, this 0.55-acre site is primed for immediate development with plans already approved for 128 units and a construction team in place.
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- Offering Memorandum
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.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
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