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Investment Highlights

  • Shovel-Ready
  • No Affordable Requirement
  • Optimal Unit Mix

Executive Summary

Seize a rare, shovel-ready opportunity in Denver’s premier Jefferson Park neighborhood. The Eliot 16 is a fully approved, 16-unit residential project designed for maximum ROI. Because the concept was finalized before the city’s affordable housing mandate, this build is exempt from income-restricted requirements, allowing for a 100% market-rate portfolio. The project features a mix of twelve 2-bedroom and four 1-bedroom units, all boasting thoughtful, functional floor plans. Unlike many urban infill projects, The Eliot 16 includes covered parking and private garage storage for every unit, providing a significant competitive edge. Located in the heart of Jefferson Park, this site offers an extremely walkable lifestyle just minutes from downtown Denver. With entitlements in place and a location that ensures high occupancy rates, this project is primed for immediate execution.

Property Facts

Price $1,900,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
Total Lot Size 10,520.00 AC
Zoning G-MU-3 - Mixed Use 3-story

1 Lot Available

Lot 0232108054

Price $1,900,000
Price Per AC $180.61
Lot Size 10,520.00 AC

60' of frontage on Eliot. Shovel ready site.

Description

Grandfathered Advantage: Approved prior to the city’s affordable housing mandate—zero income-restricted units required. Maximize your ROI with 100% market-rate units. Shovel-Ready: Skip the years of bureaucratic red tape. All entitlements are in place, allowing you to break ground and stabilize your asset ahead of the competition. Optimal Unit Mix: Thoughtfully designed to meet modern renter demand with a focus on space and functionality: 12 Spacious 2-Bedroom Units 4 Efficient 1-Bedroom Units Every unit includes covered parking and dedicated garage storage, a significant competitive edge in Denver’s dense urban core. Extremely walkable footprint that bridges the gap between neighborhood charm and the Mile High City’s professional hub. Minutes from the Central Business District, ensuring consistent demand from young professionals and high occupancy rates. Just steps away from iconic local favorites like Briar Common Brewery + Eatery, 2914 Coffee, and the sprawling green space of Jefferson Park itself. Seamless access to I-25, Mile High Stadium, and the Platte River Trail system.

Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
  • Listing ID: 40034779

  • Date on Market: 4/4/2026

  • Last Updated:

  • Address: 2429-2437 Eliot St, Denver, CO 80211

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