$550,000
For Sale

990 S Sheridan Boulevard

Denver, CO 80226
Listing OfficeCapstone Apartment Partners, LLC
Type:Purchase
Structure:Land
Zone:Residential

Description

MMG proudly presents a premier development opportunity in Denver’s thriving Westwood neighborhood: a 34,070 sq ft parcel at the corner of Morrison Road and S Sheridan Blvd, recently upzoned and eligible for Low-Income Housing Tax Credits (LIHTC). With feasibility supporting up to 50 multifamily units or 20 townhome units, on-site utilities, and potential for increased density via adjacent property acquisition, this site is primed for a lucrative multifamily, retail or mixed use project. Ideal for local investors, this property combines prime location benefits, significant tax incentives, and development-ready status to deliver a compelling investment prospect.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Property SubtypeImproved Land
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • SubdivisionWestwood
      • School DistrictDenver 1
      • Original List Price$550,000
      • MLS #4633035
      • MLS #4633035
      • CountyDenver
      • Taxes Annual$8,347
      • Cost550000
      • Lot DescriptionLevel
      • Acres0.78

Location

Day and CoReal Estate Group

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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