MLS® ID: 9174224
990 Park Avenue
Denver, Colorado, 80205 $2,749,000
RedT Homes is proud to offer this nearly permit ready 48 unit, 5-story apartment or condo development project in the heart of Denver- just Northeast of the CBD and directly East of LoDo. A large amount of institutional money is being poured into this neighborhood as it’s one of few remaining development areas in the urban core. Rents are projected in the $2.55 PSF range ($1,875/mo. @ 739 sf avg.) in the area. Condo units are projected to sell at an average of $400k each, ranging from $250k-$599k. This price point is in very high demand in Denver. Permits are expected this August with construction able to start right after. The now $2.75m list price includes: Land, Architecture, MEP/Structural/Civil Engineering, Survey, Soils, and phase I. Financials available upon request.