1729 Washington St. Redevelopment Site

Investment Overview

Covered land redevelopment with approximately $19,000 in current monthly revenue. 2.14 acres zoned Mixed Use Downtown (MUD). Seller has land use approvals for 131 units of multifamily and ground floor commercial space. Property qualifies for Vertical Housing Tax Credits with up to 80% property tax exemptions for 10 years.

Investment Highlights

• Fast-growing South Metro suburb
• $19,000 a month in-place income
• Mixed Use Downtown zoning
• Land use approvals in place for 131-unit multifamily building
• Site qualifies for Vertical Housing Tax Credits
• Immediate access to Highway 99E and Interstate 205