Denver Development for Sale - 3 townhomes - Stamped plans

[Ryan Fagin]

TURN KEY 3-UNIT DEVELOPMENT. This property, located 1/10th of a mile from the Perry Station Light Rail, comes with City approved plans to build 3 units, 5699 feet total of living area. The home on the land has been demoed (with asbestos abatement), Sewer and water lines capped, with APPROVED plans. Unique opportunity to buy today, and start digging tomorrow. Each unit has a rooftop deck, and private main floor patio. Units one and three are 1885 feet, and unit two is 1929 feet. Each unit has a 259 foot garage and 205 feet above the garage for storage space. $166,000 a door with approved plans is a great deal! The area is selling for around $350 a foot. At $325 a foot, total sales price = $1,852,175.00.

Seller has paid already $31,998 of the $79,995 management fee to Builder. It behooves the buyer to use this builder for the added value to them. They have estimated at this rate already established, $127 a foot to build. The commercial division of Denver took longer than expected and Sellers committed to different projects Jan. 1 of this year. Comparables: 1238 Quitman Development SOLD $328.42 a foot. 3980 W 13th U/C $362.39 a foot. 1222 Perry Active: $353.07 a foot. At a conservative $325 a foot, the 5699 total feet livable = $1,852,175.00 total sales. Seller is looking for a quick close.

Ryan Fagin

The Fagin Company

[email protected]

720.675.7107