5-unit Development Opportunity less than 2 blocks from RTD Transit Station and near Sloan's Lake, and the redevelopment taking place on W. Colfax. This offering includes the 50x125 foot lot zoned GMU-5, currently containing an income producing duplex, and written authorization by a Colorado Registered Architect to use the design concept, approved by C&C of Denver for 5- two bedroom, 2 bath units each 1115 sq. ft., each with a dedicated parking space. Seller has obtained Architecture and Engineering proposals along with preliminary construction estimates that will be shared with potential buyers. City and Mountain views await. Adjacent properties are zoned GMU-5. Do the numbers. This is a great opportunity to develop a project and market/sell in the low to mid $300's with an excellent profit margin.
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