1225 Xavier Street, Denver

$5,250,000

0 Beds
0 Baths
.59 Acres
57 Garages

Xavier Residences is a near permit-ready investment opportunity to develop a unique hybrid for rent / for sale multi-family project. The final permit approval for this project is anticipated early Spring 2024.

The architectural plans encompass 71 units, with a breakdown consisting of 61 apartment units and an additional 10 townhome-style units available for sale. Notably, Xavier Residences stands as one of the last expansive development parcels in West Colfax.

Of strategic benefit to the developer, the project underwent review before the implementation of Denver's new "Expanding Affordable Housing" development requirements, positioning the project advantageously within the regulatory landscape.

** Complete shovel-ready construction drawings and permit approval anticipated early Spring 2024
** One of the last expansive development parcels in West Colfax
** Multiple exit strategies: POtential for Hybrid rent / for sale component: 61 apartment units & 10 townhome-style units
** Permitted prior to new Affordable Housing Requirements

Essential Information
MLS® #3505470
Price$5,250,000
Bathrooms0.00
Acres0.59
TypeLot / Land
Sub-TypeUnimproved Land
StatusActive
Community Information
Address1225 Xavier Street
AreaDenver
SubdivisionWest Colfax
CityDenver
CountyDenver
StateCO
Zip Code80204
Amenities
ViewFoothills View, Water
Exterior
Lot DescriptionLevel
School Information
DistrictDenver 1
Additional Information
Days on Market1
ZoningG-MU-5
# of Garages57
GaragesAttached
Listing Details
OfficeKaufman Hagan
Office Contact

[email protected],720-984-0419

LISTING MAP

Get directions to this property:

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES.

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

Listing information last updated on May 21st, 2024 at 5:34am MDT.