1899 S Acoma St Denver, CO 80223

Listing agency SPERRY- Rocky Mountain

Listed by Cheryle Powell · License #ER.100066584

Source Crexi

Added: Apr 24, 2023 Updated: Jul 6 at 8:20AM Checked: Jul 21 at 4:08AM

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Investment Insights

Based on property information with market context.

This is a fully entitled and planned 5-story multifamily development site. The site is planned for 42 units and is located just south of downtown, near the Evans Light Rail station. All necessary governmental licenses and approvals are in place, allowing a buyer to start construction in 2024 and potentially stabilize the property within approximately 18 months. Situated one block from Broadway, the site offers a location on a quieter street, while still being within walking distance of entertainment and dining options. The property size is 62155 square feet.

Key Highlights

• Fully entitled and planned 42‑unit multifamily site.
• All necessary governmental licenses and approvals in place.
• Opportunity to start construction in 2024 with stabilization in 18 months.

Property Analytics

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FAQs

What type of property is this?

Land - Planned 42-unit multifamily site near downtown and light rail.

Where is this land located?

The property is located at 1899 S Acoma St Denver, CO.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: Fully entitled and planned 42‑unit multifamily site.; All necessary governmental licenses and approvals in place.; Opportunity to start construction in 2024 with stabilization in 18 months.