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219 S Holly St - 1031-Eligible: SRS Holly Street Denver DST 0.29 Acres of Residential Land Offered at $2,600,000 in Denver, CO 80246
Investment Highlights
- Only Multifamily-Zoned Lot Available in Desirable Hilltop Neighborhood
- Four Blocks from Crestmoor Park, 10 blocks to Cranmer Park
- Fantastic location next to The Rotary, High Point Creamery and Park Burger across from Petes Wine Store, Fruits & Vegetables and Meat Market
- Utilities already to site
Executive Summary
This is one of the last available multi-unit build sites in the area. Denver’s picturesque Hilltop neighborhood offers the best of both worlds— tree-lined streets, access to beautiful parks, and close proximity to great shops, restaurants and breweries. Centered between the Cherry Creek and Lowry neighborhoods, the parcel is 4 short blocks to Crestmoor Park and 10 blocks to Cranmer Park. Nestled next to a sweet pocket of commercial amenities such as Pete’s Fruits & Vegetables, Call Your Mother, Park Burger and High Point Creamery. There is a 5-unit mid century-style building currently on the lot and recently renovated. Units range from 809sqft-911sqft, 5 2/1 units are fully-rented (details upon request). One water tap, 6 separate sub-meters. Property will support six, approximately 3500 sqft units. Previous site plan received concept approval from city development departments for SIX 4/4 townhome units with estimated $1.6M sale price per unit. Zoned E-MU -2.5. Seller financing available.
Property Facts
1 Lot Available
Lot
| Price | $2,600,000 | Lot Size | 0.29 AC |
| Price Per AC | $8,965,517.24 |
| Price | $2,600,000 |
| Price Per AC | $8,965,517.24 |
| Lot Size | 0.29 AC |
EAST CAPITOL HILL SUB #2 B5 E 53.69FT OF N 34FT OF L11, EAST CAPITOL HILL SUB #2 B5 N 17.25FT OF S 86.61FT OF W26.46FT OF L11- EAST CAPITOL HILL SUB #2 B5 PT L11 BEG 34FT S OF NE COR L11W 53.69FT N 34FT W 71.31FT S 13.39FT E 26.46FT S 14.80FT E26.5FT
Description
Property sold for land only. There are five 1957 units currently on the Site. They are as follows: Unit 219 - 809 sf 2 bedroom, 1 bath, Unit 221 - 809 sf 2 bedroom, 2 bath, Unit 223 - 911 sf 2 bedroom, 1 bath, Unit 225 - 809 sf 2 bedroom, 1 bath and Unit 227 - 809 sf 2 bedroom, 1 bath.
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Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | 6074-33-026 | Improvements Assessment | $10,120 |
| Land Assessment | $10,120 | Total Assessment | $27,650 |
Property Taxes
Parcel Number
6074-33-026
Land Assessment
$10,120
Improvements Assessment
$10,120
Total Assessment
$27,650
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219 S Holly St - 1031-Eligible: SRS Holly Street Denver DST
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