CO > Denver > West Colfax
Denver, CO 80204,1225-1255 Xavier ST
Denver, CO 80204,1225-1255 Xavier ST
Denver, CO 80204,1225-1255 Xavier ST
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Bill Watson

Bill Watson

+1(303) 842-0836
$4,795,000
Est. payment /mo
0.59 Acres Lot
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UPDATED:

02/24/2025 11:00 PM

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision West Colfax

MLS Listing ID 9204443

HOA Y/N No

Originating Board recolorado

Annual Tax Amount $3,123

Tax Year 2022

Lot Size 0.590 Acres

Acres 0.59

Property Sub-Type Improved Land

Property 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

Location

State CO

County Denver

Zoning G-MU-5

Interior

Fireplace N

Exterior

View Valley, Water

Garage No

Building

Lot Description Level

Sewer Public Sewer

Schools

School District Denver 1

Others

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, Other, Owner Will Carry

Listing Terms 1031 Exchange, Cash, Conventional, Other, Owner Will Carry

Special Listing Condition None

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REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Kaufman Hagan • thagan@khcommercial.com,720-984-0419
agent-avatar

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(303) 842-0836

bill@watsonrg.com

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1225-1255 Xavier ST

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