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219 S Holly St - 1031-Eligible: SRS Holly Street Denver DST 0.29 Acres of Residential Land Offered at $3,629,392 CAD in Denver, CO 80246

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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

Price $3,629,392 CAD
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
  • Bulk/Portfolio Sale
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Investment
Total Lot Size 0.29 AC
No. Stories 1
Zoning E-MU 2.5 - Multifam - allows to build 2.5 stories.

1 LOT AVAILABLE

Lot

Price $3,629,392 CAD
Price Per AC $12,515,145.17 CAD
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.

Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 27593574

  • Date on Market: 2023-01-25

  • Last Updated:

  • Address: 219 S Holly St, Denver, CO 80246

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