Denver, CO 80226,990 S Sheridan BLVD
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Alex Tooke + Derek Weber

Alex Tooke + Derek Weber

REAL

+1(303) 339-3543
$ 550,000
Est. payment | /mo

0.78 Acres Lot


Save
$ 550,000
Est. payment | /mo
Save

0.78 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Westwood

MLS Listing ID 4633035

HOA Y/N No

Originating Board recolorado

Annual Tax Amount $8,347

Tax Year 2023

Lot Size 0.780 Acres

Acres 0.78

Property Sub-Type Improved Land

Property Description

MMG proudly presents a premier development opportunity in Denver's thriving Westwood neighborhood: a 34,070 sq ft parcel at the corner of Morrison Road and S Sheridan Blvd, recently upzoned and eligible for Low-Income Housing Tax Credits (LIHTC). With feasibility supporting up to 50 multifamily units or 20 townhome units, on-site utilities, and potential for increased density via adjacent property acquisition, this site is primed for a lucrative multifamily, retail or mixed use project. Ideal for local investors, this property combines prime location benefits, significant tax incentives, and development-ready status to deliver a compelling investment prospect.

Location

State CO

County Denver

Zoning E-MX-3

Interior

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available

Garage No

Building

Lot Description Level

Sewer Public Sewer

Schools

School District Denver 1

Others

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

REColorado (REColorado MLS)
Listed by Capstone Apartment Partners, LLC • ariddle@capstone-companies.com

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NEED DOWN PAYMENT ASSISTANCE?

Our team specializes in finding FREE DOWN PAYMENT GRANTS for UP TO 4% of the loan amount, and in most cases with no repayment requirement.

 

Basic requirements: 

        ~ NO First Time Home Buyer requirement!
        ~ 620+ Credit score
        ~ Make less than $195,600