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$ 6,850,000
Est. payment | /mo
$ 6,850,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7593092
HOA Y/N No
Year Built 1891
Annual Tax Amount $40,617
Tax Year 2024
Property Sub-Type Multi Family
Source recolorado
Property Description
The Tallmadge Apartments at 2926 Zuni Street offer a rare opportunity to acquire a 30-unit property in the heart of Denver's
highly coveted Lower Highlands (LoHi) neighborhood. Built in 1891, the three-story brick building features a unique architectural character and a prominent corner presence, contributing to the dynamic, walkable fabric of the area.
The property consists of 29 residential units and one ground-floor retail space. Until recently, all residential units were governed by
affordable housing program restrictions, which have now expired — clearing the way for full market repositioning. This presents investors with the flexibility to modernize the apartments, increase rents to market levels, or pursue a redevelopment strategy that fully capitalizes on the site's location and zoning potential.
highly coveted Lower Highlands (LoHi) neighborhood. Built in 1891, the three-story brick building features a unique architectural character and a prominent corner presence, contributing to the dynamic, walkable fabric of the area.
The property consists of 29 residential units and one ground-floor retail space. Until recently, all residential units were governed by
affordable housing program restrictions, which have now expired — clearing the way for full market repositioning. This presents investors with the flexibility to modernize the apartments, increase rents to market levels, or pursue a redevelopment strategy that fully capitalizes on the site's location and zoning potential.
Location
State CO
County Denver
Zoning G-MS-3
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional, Price TBD
Listing Terms Cash, Conventional, Price TBD
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Guide Real Estate
jonathan.boxer@christiesaspenre.com
600 East Hopkins Ave Suite 304, Aspen, Colorado, 81611, United States