King Street Residences presents a rare shovel-ready multifamily investment opportunity in Denver’s thriving West Colfax neighborhood. Fully entitled and exempt from the city’s Expanding Housing Affordability ordinance, this 56-unit, six-story market-rate project is strategically located just blocks from Sloan’s Lake Park and the Knox Street Light Rail Station, offering unmatched connectivity to downtown Denver and I-25. The site spans 18,270 square feet and benefits from recorded Site Development Plan (SDP) approval and 100% design drawings, streamlining the path to construction. Positioned within a federally designated Opportunity Zone, investors can capitalize on significant tax advantages while benefiting from Denver’s resilient rental market and strong demographic tailwinds. The surrounding area boasts a median household income exceeding $100,000, with home values averaging over $600,000—creating a high barrier to ownership and sustained demand for quality rental housing. The property is adjacent to the Westridge Redevelopment Project, a transformative 15-acre initiative by the Denver Housing Authority that will add over 600 new homes and establish King Street as a primary pedestrian corridor. With Denver’s multifamily starts at a ten-year low and construction activity slowing, King Street Residences is uniquely positioned to capture pent-up demand in a supply-constrained market. Multiple investment structures are available, including outright sale, recap/refi, land equity contribution, and joint venture options.