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6736 E Colfax Ave
Denver, CO 80220
Asking Price
$2.00M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 22,700 SqFt <ul><li>Rare 22,700 SF lot — exceptional scale for Colfax redevelopment</li><li>Existing 4,820 SF structure is incidental — density is the driver</li><li>Scalable for larger multi-parcel development projects</li><li>Ability to increase density and maximize land efficiency</li><li>Located in the direct path of a growth corridor</li><li>Strong exit potential — sell stabilized multifamily or hold for appreciation</li><li>Assemblage potential with adjacent parcels for even larger scale</li><l
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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905
