Located within the 40 West Arts District on W. Colfax Ave, between the Walmart Super Center and Casa Bonita, this parcel offers a prime location for conducting a Value-Add Investment on the existing 18 rental units or the opportunity to redevelop for multi-family housing. The .94 acres has approximately ½ acre currently undeveloped.
Currently renovating units upon vacancy.
The neighboring property to the east is currently marketed for sale and presents the opportunity to further assemble a larger developable area. Covered land play possible.
4,392 Sq Ft
0.94 Private Acres Lot Size
commercial
$1,063 Monthly Tax
Built in 1938
MLS/Listing ID 1728213
Kings Rest
1 Stories
18 Units
Style - Traditional
Construction - Brick
Construction - Block
Garden
Dog Run
Lot - Near Public Transit
Parking - Concrete
Membrane
TOTAL MONTHLY COST
$0
$0
$0