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1225-1255 Xavier Street, Denver, CO, 80204

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Listing Provided Courtesy of Kaufman Hagan

1225-1255 Xavier Street, Denver, CO, 80204

Beds
0 Baths
SqFt
0.59 Acres

Listing Id

REC3505470
$5,250,000

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

Property Details
Price:
$5,250,000
MLS #:
REC3505470
Status:
Active
Beds:
0
Baths:
0
Address:
1225-1255 Xavier Street
Type:
Improved Land
Subdivision:
West Colfax
City:
Denver
State:
CO
ZIP:
80204
Lot Size:
25,800 sqft / 0.59 acres (approx)
Interior
Exterior
Parking Spots
57
Schools
School District:
Denver 1
Financial
Buyer Agent Compensation
2%
Tax Year
2022
Taxes
$3,123

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disclosure
Courtesy of Kaufman Hagan. Disclaimer: All data relating to real estate for sale on this page comes from the IDX program of REcolorado. Detailed information about real estate listings held by brokerage firms other than milehimodern include the name of the listing broker. Neither the listing company nor milehimodern shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. . All rights reserved.
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1225-1255 Xavier Street
Denver, CO