$1,900,000

1230 Winona Court

Denver CO, 80204

Description

Value add opportunity in hot West Denver. 11 Units - 10 Two Beds, 1 Studio. Surrounded by new construction. Rents are below market and can be raised with little to no work. Huge upside in rents with upgrades to kitchens and bathrooms. 11 off-street parking spaces. Potential for development... Scrape the buildings and build on a 15,600sf lot zoned G-MU-5. Can be purchased with the adjacent 6,250sf lot at 1200 Winona (MLS#....) for a total of 21,850sf lot zoned G-MU-5 on the corner of 12th and Winona. Amazing location, great zoning, corner lot and stunning views - a developer's dream.

Details

MLS#5910111
StyleIndustrial
Sub-TypeResale
StatusActive
Year1973
Days On Site9

Features

SQ Feet7,233
Story(s)1
Units11
ZoningG-MU-5

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80204
AreaDenver
Listing VS Median (in 80204)
Price:
$1,900,000
low | high
Med:
$529,875
100% of Average
SqFt:
7,233
low | high
Med:
1,523
100% of Average
$ / SqFt:
$263
low | high
Med:
$349
17.243314998924% of Average
On Site:
9
low | high
Med:
51
17.647058823529% of Average
Listing Updated: 10/18/2019
MLS Number: 5910111
Listing Provided By:
Greg Johnson  of  Calibrate Real Estate LLC
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