Uptown Fix and Filp / Redevelopment FOR SALE


Denver, CO - Five Points
$3,100,000 USD
303-668-4930
, Denver, CO for Sale
$3,100,000 USD
FOR SALE
1/116
null | 5.65% Cap Rate

Uptown Fix and Filp / Redevelopment
Denver, CO
Five Points


OVERVIEW

Rare contiguous Midtown Denver portfolio offering with multiple exit strategies and significant upside. This unique assemblage includes 1960 Clarkson, 1950 Clarkson, 1937–1939 Park Ave, and 818–820 E 20th Ave, combining office, residential, and multifamily assets in one of Denver’s strongest urban neighborhoods. Total portfolio price is $3,100,000 with approximately $205,000 in current annual income, creating a true covered land play with income in place while executing renovations, repositioning, or future development plans. The commercial properties can be easily converted to residential, creating strong fix-and-flip and owner-user opportunities. Buyers can pursue several strategies including: • Single asset fix and flip • Multi-property portfolio renovation and resale • Buy and hold with income while repositioning • Full-site assemblage for future development • Covered land play with long-term redevelopment upside Projected post-renovation portfolio value is approximately $4,290,000 with strong individual margins across each asset. Seller is open to selling the full portfolio or potentially selling assets individually: • 1960 Clarkson – $750,000 • 1950 Clarkson – $700,000 • 1937–1939 Park Ave – $700,000 • 818–820 E 20th Ave – $950,000 Feasibility studies and architectural renderings are available for buyers pursuing the larger development opportunity. Excellent Midtown location adjacent to Safeway-anchored retail, near downtown Denver, hospitals, restaurants, major employment centers, and strong residential demand drivers. Rare opportunity to control an entire site with flexible execution and multiple paths to value.

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Jules 'JB' HochmanBrockman GroupMore Info
303-668-4930

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Jules 'JB' HochmanBrockman GroupMore Info
303-668-4930

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.