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1090 Quebec St 18 Unit Apartment Building For Sale Denver, CO 80230
INVESTMENT HIGHLIGHTS
- Located within Lowry redevelopment
- Fastest growing submarket in Denver
- Surrounded by single-family homes
EXECUTIVE SUMMARY
1090 Quebec St. is a vacant residential property located within the Lowry area of Denver, Colorado. The property consists of an existing 18-unit residential structure along with two on-site community rooms, all situated on an approximately 2.8-acre infill site. The improvements are currently vacant and in need of renovation, offering a blank slate for repositioning or redevelopment.
The existing structures present an opportunity for a buyer to repurpose and renovate the buildings for continued residential use, potentially incorporating modern unit layouts, upgraded finishes, and reimagined common or amenity space within the existing footprint. This strategy may appeal to investors seeking to preserve the existing improvements while enhancing value through renovation and operational improvements.
Alternatively, the size and configuration of the site provide the option to demolish the existing structures and pursue a full redevelopment of the 2.8-acre parcel, subject to zoning, design review, and municipal approvals. The scale of the site is uncommon for the surrounding residential area and supports a variety of residential redevelopment concepts consistent with the neighborhood context.
Located within the broader Lowry redevelopment area and surrounded primarily by established single-family neighborhoods and great neighborhood retail developments, 1090 Quebec St. offers multiple investment paths, combining the flexibility of a vacant property with the long-term potential of a large infill site.
The existing structures present an opportunity for a buyer to repurpose and renovate the buildings for continued residential use, potentially incorporating modern unit layouts, upgraded finishes, and reimagined common or amenity space within the existing footprint. This strategy may appeal to investors seeking to preserve the existing improvements while enhancing value through renovation and operational improvements.
Alternatively, the size and configuration of the site provide the option to demolish the existing structures and pursue a full redevelopment of the 2.8-acre parcel, subject to zoning, design review, and municipal approvals. The scale of the site is uncommon for the surrounding residential area and supports a variety of residential redevelopment concepts consistent with the neighborhood context.
Located within the broader Lowry redevelopment area and surrounded primarily by established single-family neighborhoods and great neighborhood retail developments, 1090 Quebec St. offers multiple investment paths, combining the flexibility of a vacant property with the long-term potential of a large infill site.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 2.80 AC |
| Sale Condition | Redevelopment Project | Building Size | 11,783 SF |
| No. Units | 18 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 2004/2007 |
| Zoning | R-2-A | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 2.80 AC |
| Building Size | 11,783 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 2004/2007 |
| Zoning | R-2-A |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 17 | - | - |
| 3+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 6043-15-004 | Improvements Assessment | $82,891 CAD |
| Land Assessment | $354,143 CAD | Total Assessment | $437,034 CAD |
PROPERTY TAXES
Parcel Number
6043-15-004
Land Assessment
$354,143 CAD
Improvements Assessment
$82,891 CAD
Total Assessment
$437,034 CAD
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1090 Quebec St
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