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Off Market
1/7


Commerce City, CO


HIGHLIGHTS

  • Fastest growing City in Colorado
  • 15 min to Downtown, 20 min to airport
  • Strategic Location: Situated minutes away from major highways (I-70, I-270, I-25)
  • Profitable Investment: Promising returns in a rapidly growing market
  • Ready Land: Fully permitted and PUD-approved and ready for immediate start of construction

OVERVIEW

High profit ground up construction project which is entitled and shovel ready located in the Denver metro area! Watcha 3d Video of the Kearney project: https://www.youtube.com/watch?v=g10oE6EwjGI -The developer is selling 17 parcels (building 1-4), or the entire project 44 parcels (building 1-10)see attachment . -Each parcel is a townhouse with an attached studio/separate entry -Each studio is a full rental unit with its own 1 car garage -This project is good for build-to-rent, or build-to-sell, or a combination of both -ARV for 17 Townhouses+17 attached studios (34 rental doors) is appraised at $16.8 million (income approach) -ARV for 44 TH+44 attached studios (88 rental doors) is appraised at $35 million (income approach) Please contact us for more information

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

Town Houses in Denver-Metro CO

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Planned Unit Development

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Curb/Gutter/Sidewalk

ZONING

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APN/PARCEL ID

1823-08-2-02-042