990 Park Avenue, Denver

$2,749,000

0 Beds
0 Baths
.28 Acres
0 Garages

RedT Homes is proud to offer this nearly permit ready 48 unit, 5-story apartment or condo development project in the heart of Denver- just Northeast of the CBD and directly East of LoDo. A large amount of institutional money is being poured into this neighborhood as it’s one of few remaining development areas in the urban core. Rents are projected in the $2.55 PSF range ($1,875/mo. @ 739 sf avg.) in the area. Condo units are projected to sell at an average of $400k each, ranging from $250k-$599k. This price point is in very high demand in Denver. Permits are expected this August with construction able to start right after. The now $2.75m list price includes: Land, Architecture, MEP/Structural/Civil Engineering, Survey, Soils, and phase I. Financials available upon request.

Status: Pending

Metrolist Services Inc (Colorado) Logo REDT LLC.

Essential Information
MLS® #7166315
Price$2,749,000
Bathrooms0.00
Acres0.28
TypeLand
Sub-TypeImproved Land
StatusPending
Community Information
Address990 Park Avenue
SubdivisionArapahoe Square
CityDenver
CountyDenver
StateCO
Zip Code80205
School Information
DistrictDenver 1
Additional Information
Date ListedFebruary 25th, 2020
Days on Market133
ZoningD-AS-12
Listing Details
Metrolist Services Inc (Colorado) LogoREDT LLC
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Listing information last updated on July 6th, 2020 at 7:46pm MDT.