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1601 Park Ave Denver, CO 80218

For Sale
$6,050,000

10,863 sqft, 14 Units Available

Property size:
10,863 SF

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional investment opportunity presents 14 unsold units within the prestigious Arbory City Park West development, completed in 2023. The property comprises two distinct packages: a four-unit condo package and a six-unit townhome package. The condo package, priced at $2,000,000, includes three one-bedroom, one-bathroom units with dens, and one two-bedroom, one-bathroom unit (units 110, 112, 114, and 401). Each condo features energy-efficient mini-split heat pump systems and individual Xcel electric meters, with tenants responsible for their utility costs. The six townhomes, offered as a separate package for $4,050,000, are all two-bedroom, two-and-a-half-bathroom units (units 212-217), situated adjacently on the top floor above the parking structure. Located in Denver's highly sought-after City Park West neighborhood, this property offers unparalleled convenience, with proximity to top-rated schools, the University of Denver, and a vibrant array of amenities. Residents enjoy stunning Rocky Mountain views and easy access to a wide range of recreational activities. This is a rare chance to acquire a significant portion of a thriving, recently completed multi-family development in a prime Denver location. The total square footage is 10,863. The property is being offered in two packages for a combined asking price of $6,050,000.

Property Features for 1601 Park Ave

General Information

Property type
Residential income properties
Square Feet
10,863 SF

Building Details

Year Built
2023

Property Profile Location Intelligence

Current Use by Public Records

Coors Field Lot ... Parking Lot The Arbory Apartment Building Accessible Parking Parking Lot Main Lot Section A Parking Lot

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Denver
County
Denver
State
Colorado
Longitude
-104.9705
Latitude
39.74193

FAQs

What type of property is this?
Residential income property - 10,863 sqft, 14 Units Available
Where is this residential income property located?
The property is located at 1601 Park Ave Denver, CO.
What is the asking price?
The asking price for this property is $6,050,000.
More about this property
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