SoBo 42
Sale includes Land, Architectural Drawings, All Engineering Documents, Survey, Soils and Spec Manual
Marketing description
Sperry, Rocky Mountain Commercial is pleased to present SoBo 42. A fully entitled and planned, 5-story 42-unit multifamily site located just south of downtown and near the Evans Light rail station.
This distinctive development has all necessary governmental licenses and approvals, allowing a buyer the opportunity to start construction in 2024 and to stabilize in as little as 18 months. The site is one block off of Broadway and is on a quieter street, yet walking distance to entertainment and dining.
Investment highlights
Fully Entitled Site - Exceptional opportunity to acquire Denver land that comes with SDP’s, approvals, permits, and everything needed to start consturction immediately.
100% Market Rate Units - This project is grandfathered in from the Denver Affordable housing ordinances with the current permits.
Light Rail in Walking Distance – Quick Access to downtown Denver and the entire metroplex means increased potential for investors.
Significant decrease in time to Stabilization – With all planning and approvals done, as well as soft costs paid, this project will save 18-24 months in a buyers development process.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
