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$ 1,600,000
Est. payment /mo
Active
2900 W 32nd Denver, CO 80211
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Lohi
MLS Listing ID IRE6029196
HOA Y/N No
Annual Tax Amount $5,770
Tax Year 2021
Lot Size 10,018 Sqft
Acres 0.23
Source ires
Property Description
Development Opportunity - Land Approved for 5-Story, 33-Unit Project
Exceptional investment opportunity to acquire a development parcel that was previously approved by Denver permitting department for a 5-story, 33-unit multifamily project. While the previous permitting process expired, the project can be resubmitted for approval, with an estimated timeline of approximately 9-12 months. The original architect is available and familiar with the plans, offering a seamless path forward to the construction phase.
The property currently includes three existing residential units and a storage structure, all of which can generate interim rental income during the permitting process.
Exceptional investment opportunity to acquire a development parcel that was previously approved by Denver permitting department for a 5-story, 33-unit multifamily project. While the previous permitting process expired, the project can be resubmitted for approval, with an estimated timeline of approximately 9-12 months. The original architect is available and familiar with the plans, offering a seamless path forward to the construction phase.
The property currently includes three existing residential units and a storage structure, all of which can generate interim rental income during the permitting process.
Location
State CO
County Denver
Community Lohi
Area Metro Denver
Zoning G-MU
Exterior
View Y/N No
Garage No
Building
Lot Description Level
Sewer Public Sewer
New Construction false
Schools
High Schools Denver District 1
School District Denver District 1
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Other Owner
Listed by Christine Kresge
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