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Uptown Fix and Filp / Redevelopment 4 biens • À vendre 4 246 101 $ CAD • Denver, CO
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Résumé de l'annonce
Rare contiguous Midtown Denver portfolio offering with multiple exit strategies and significant upside. This unique assemblage includes 1960 Clarkson, 1950 Clarkson, 1937–1939 Park Ave, and 818–820 E 20th Ave, combining office, residential, and multifamily assets in one of Denver’s strongest urban neighborhoods.
Total portfolio price is $3,100,000 with approximately $205,000 in current annual income, creating a true covered land play with income in place while executing renovations, repositioning, or future development plans.
The commercial properties can be easily converted to residential, creating strong fix-and-flip and owner-user opportunities. Buyers can pursue several strategies including:
• Single asset fix and flip
• Multi-property portfolio renovation and resale
• Buy and hold with income while repositioning
• Full-site assemblage for future development
• Covered land play with long-term redevelopment upside
Projected post-renovation portfolio value is approximately $4,290,000 with strong individual margins across each asset.
Seller is open to selling the full portfolio or potentially selling assets individually:
• 1960 Clarkson – $750,000
• 1950 Clarkson – $700,000
• 1937–1939 Park Ave – $700,000
• 818–820 E 20th Ave – $950,000
Feasibility studies and architectural renderings are available for buyers pursuing the larger development opportunity.
Excellent Midtown location adjacent to Safeway-anchored retail, near downtown Denver, hospitals, restaurants, major employment centers, and strong residential demand drivers. Rare opportunity to control an entire site with flexible execution and multiple paths to value.
Total portfolio price is $3,100,000 with approximately $205,000 in current annual income, creating a true covered land play with income in place while executing renovations, repositioning, or future development plans.
The commercial properties can be easily converted to residential, creating strong fix-and-flip and owner-user opportunities. Buyers can pursue several strategies including:
• Single asset fix and flip
• Multi-property portfolio renovation and resale
• Buy and hold with income while repositioning
• Full-site assemblage for future development
• Covered land play with long-term redevelopment upside
Projected post-renovation portfolio value is approximately $4,290,000 with strong individual margins across each asset.
Seller is open to selling the full portfolio or potentially selling assets individually:
• 1960 Clarkson – $750,000
• 1950 Clarkson – $700,000
• 1937–1939 Park Ave – $700,000
• 818–820 E 20th Ave – $950,000
Feasibility studies and architectural renderings are available for buyers pursuing the larger development opportunity.
Excellent Midtown location adjacent to Safeway-anchored retail, near downtown Denver, hospitals, restaurants, major employment centers, and strong residential demand drivers. Rare opportunity to control an entire site with flexible execution and multiple paths to value.
Faits sur la propriété
| Prix | 4 246 101 $ CAD | Statut | Actif |
| Prix/pi² | 616,63 $ CAD / pi² | Nombre de propriétés | 4 |
| Condition de vente | 1031 Échange | Individuellement en vente | 0 |
| Taux de capitalisation | 5,65% | Taille totale du bâtiment | 6 886 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 0,43 AC |
| Prix | 4 246 101 $ CAD |
| Prix/pi² | 616,63 $ CAD / pi² |
| Condition de vente | 1031 Échange |
| Taux de capitalisation | 5,65% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 4 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 6 886 pi² |
| Superficie totale du terrain | 0,43 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 1950 Clarkson St, Denver, CO 80218 | Bureau | 1 849 pi² | 1885 | - |
| 818 E 20th Ave, Denver, CO 80205 | Bureau | 1 844 pi² | 1972 | - |
| 1960 Clarkson St, Denver, CO 80218 | Bureau | 1 357 pi² | 1881 | - |
| 1937 Park Ave, Denver, CO 80218 | Immeuble residentiel | 1 836 pi² | 1900 | - |
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Uptown Fix and Filp / Redevelopment
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