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1700 Julian St
Denver, CO 80204
Opportunity Zone Assemblage · Land For Sale
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0.93 AC
Property Facts
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Commercial | Total Lot Size | 0.93 AC |
| Zoning | G-MU-3 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.93 AC |
| Zoning | G-MU-3 |
Description
1700-1738 Julian St. is a .93-acre corner Opportunity Zone assemblage of 7 residential properties (five homes, 2 tri-plexes) zoned G-MU-3 (General Urban Multi-Family 3 Stories). Plans are in development for 104 unit multi-family project. The properties are centrally located a half mile directly west of the Bronco Stadium in the booming Sloan’s Lake neighborhood of Denver, Colorado. In addition to the desirable location, the assemblage has been recently designated as part of the new Opportunity Zones which allow for generous tax incentives for a new investor looking to develop the properties. As part of the tax cuts and jobs act passed in 2017, the Opportunity Zone program is providing federal capital gains tax deferral to investors. Gains from a previous transaction (within 180 days) can be deffered until 2026. If the investor holds the investment in the Opportunity Fund for 10+ years, any gains realized on a zone investment are tax-exempt. The assemblage at 1700-1738 Julian provides for a very unique opportunity to invest in the booming Denver Metro multi-family market as well as enjoy tremendous potential tax incentives.
