Outstanding 20 unit redevelopment opportunity across the street from the University of Denver. Benefit from all the retail amenities within close proximity. Excellent dining on Old South Gaylord & Cherry Creek; grocery stores including Whole Foods, Trader Joe's & Target; Starbucks & local coffee roasters; Home Depot, etc. A few blocks from light rail & I25 provide excellent access to downtown or DTC. This design is a mix of one-bedroom and two-bedroom units ranging in size from 643 to 908 square feet, with the ability to build to sell or build to lease. Layouts can be modified and this concept maximizes the buildable square footage with parking on the main level and four levels of apartments allowing 13,282 sellable/rentable SF. The City of Denver has reviewed the proposed 20 unit building and has issued a Concept Approval and the project is now eligible for Site Development Plan submission.The property is currently a well-maintained, tenant-occupied 5 bed 2 bath house with a detached 3 car garage which will help offset holding costs during entitlement period. Renderings are representative of possible building options, buyer can customize. Aerial photos show views from 5th story.
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