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1300 N King St - King Street Residences Lot • Résidentiel • 0,44 Acres • 2 275 234 $ CAD • Denver, CO 80204
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Located in a federally designated Opportunity Zone with tax incentives
- One block from Knox Light Rail Station and Colfax & King Bus Stop
- Fully approved 56-unit market-rate development with SDP and 100% DDs
- Exempt from Denver’s EHA ordinance, preserving rental flexibility
RÉSUMÉ DE L'ANNONCE
King Street Residences presents a rare shovel-ready multifamily investment opportunity in Denver’s thriving West Colfax neighborhood. Fully entitled and exempt from the city’s Expanding Housing Affordability ordinance, this 56-unit, six-story market-rate project is strategically located just blocks from Sloan’s Lake Park and the Knox Street Light Rail Station, offering unmatched connectivity to downtown Denver and I-25. The site spans 18,270 square feet and benefits from recorded Site Development Plan (SDP) approval and 100% design drawings, streamlining the path to construction.
Positioned within a federally designated Opportunity Zone, investors can capitalize on significant tax advantages while benefiting from Denver’s resilient rental market and strong demographic tailwinds. The surrounding area boasts a median household income exceeding $100,000, with home values averaging over $600,000—creating a high barrier to ownership and sustained demand for quality rental housing.
The property is adjacent to the Westridge Redevelopment Project, a transformative 15-acre initiative by the Denver Housing Authority that will add over 600 new homes and establish King Street as a primary pedestrian corridor. With Denver’s multifamily starts at a ten-year low and construction activity slowing, King Street Residences is uniquely positioned to capture pent-up demand in a supply-constrained market. Multiple investment structures are available, including outright sale, recap/refi, land equity contribution, and joint venture options.
Positioned within a federally designated Opportunity Zone, investors can capitalize on significant tax advantages while benefiting from Denver’s resilient rental market and strong demographic tailwinds. The surrounding area boasts a median household income exceeding $100,000, with home values averaging over $600,000—creating a high barrier to ownership and sustained demand for quality rental housing.
The property is adjacent to the Westridge Redevelopment Project, a transformative 15-acre initiative by the Denver Housing Authority that will add over 600 new homes and establish King Street as a primary pedestrian corridor. With Denver’s multifamily starts at a ten-year low and construction activity slowing, King Street Residences is uniquely positioned to capture pent-up demand in a supply-constrained market. Multiple investment structures are available, including outright sale, recap/refi, land equity contribution, and joint venture options.
FAITS SUR LA PROPRIÉTÉ
| Prix | 2 275 234 $ CAD | Sous-type de propriété | Résidentiel |
| Type de vente | Investissement | Utilisation proposée | Multi-résidentiel |
| Nombre de lots | 1 | Taille totale du lot | 0,44 AC |
| Type de propriété | Terrain | Zone de développement économique |
Oui
|
| Zonage | G-MU-5 - Commerciale | ||
| Prix | 2 275 234 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 0,44 AC |
| Zone de développement économique |
Oui |
| Zonage | G-MU-5 - Commerciale |
1 LOT DISPONIBLE
Lot
| Prix | 2 275 234 $ CAD | Taille du lot | 0,44 AC |
| Prix par AC | 5 170 987,40 $ CAD |
| Prix | 2 275 234 $ CAD |
| Prix par AC | 5 170 987,40 $ CAD |
| Taille du lot | 0,44 AC |
Walk Score®
Très pratique à pied (74)
Bike Score®
Très cyclable (79)
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1300 N King St - King Street Residences
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