Description
Xavier Residences is a near permit-ready investment opportunity to develop a unique hybrid apartment/townhouse project. The project is approved and recorded with the Zoning Department and construction permits have been submitted and are near approval. The architectural plans encompass a total of 71 units, with a breakdown consisting of 61 apartment units and an additional 10 townhome-style units available for sale. Notably, Xavier Residences stands as one of the last expansive development parcels in West Colfax. Of strategic benefit to the developer, the project underwent review prior to the implementation of Denver's new "Expanding Affordable Housing" development requirements, and SDP approved prior to EHA ordinances, positioning the project advantageously within the regulatory landscape. ** Near Permit-Ready Construction Project - SDP Recorded ** Hybrid For Sale/Rent Exit Potential ** Permitted Prior to New Affordable Housing Requirements and EHA ordinances ** One of the Last Expansive Development Parcels in West Colfax
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0.59ACRES
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01/2 BATHS
Description
Xavier Residences is a near permit-ready investment opportunity to develop a unique hybrid apartment/townhouse project. The project is approved and recorded with the Zoning Department and construction permits have been submitted and are near approval. The architectural plans encompass a total of 71 units, with a breakdown consisting of 61 apartment units and an additional 10 townhome-style units available for sale. Notably, Xavier Residences stands as one of the last expansive development parcels in West Colfax. Of strategic benefit to the developer, the project underwent review prior to the implementation of Denver's new "Expanding Affordable Housing" development requirements, and SDP approved prior to EHA ordinances, positioning the project advantageously within the regulatory landscape. ** Near Permit-Ready Construction Project - SDP Recorded ** Hybrid For Sale/Rent Exit Potential ** Permitted Prior to New Affordable Housing Requirements and EHA ordinances ** One of the Last Expansive Development Parcels in West Colfax
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