1300 S Parker Rd Denver, CO 80231

This offering presents a unique opportunity to acquire a portfolio of 33 condominium units, available as a distressed investment due to fire incidents in 2022 and 2023. The current pricing reflects a substantial discount, estimated to be approximately 50–60% below previous market values. This portfolio is most suitable for experienced investors with a medium- to long-term investment perspective. Several units have been affected and are awaiting future renovation coordination through the Homeowners Association (HOA). According to current HOA communications, reconstruction and remodeling of the fire-affected units are expected to commence within approximately two years, contingent upon HOA timelines and approvals. Before the fire incidents, comparable units within the community had historically traded between $125,000 and $180,000 per unit, indicating potential upside as restoration progresses and market conditions stabilize; buyers are advised to independently verify all projections. The current owner is actively working to lease additional units, with plans to add approximately seven more rental units, which may enhance future income performance and Net Operating Income (NOI). This property is located in Denver, CO, and offers convenient access to bike routes, with a bike score of 73, indicating it is very bikeable. The walk score is 61, indicating the area is somewhat walkable, and the transit score is 39, indicating some transit options are available. This is a prime investment opportunity for value-add investors seeking long-term appreciation and income growth potential.