▻▻▻University Hills (Denver) Scrape and Build Opportunity◅◅◅

[Vern Harris]

3099 SOUTH CHERRY WAY, DENVER, CO 80222

Awesome redevelopment corner lot opportunity in Super Hot University Hills located one block from Eisenhower Park and the Highline Canal. 9000 foot lot on corner for easy orientation of new home and parking. 3 bedroom home located minutes from schools, Light Rail, shopping, DTC and easy access to I25 and 285.

Scrapes in the area have sold from $800k to $1.1m. up to $323 PSF

Buy at $310,000

Scrape and build 3500 sf house @ $140 PSF: $490,000

Money / Holding / Sales Costs: $120,000 (assuming 1 year)

All in at $920,000

Sell at $300 PSF= $1,050,000

Profit Potential: $130,000

PHOTOS AND COMPS ON MY WEBSITE- CLICK HERE

CONTACT VERN AT 303-888-0078

AS ALWAYS, PLEASE DO YOUR OWN DUE DILIGENCE