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2401 W 24TH AVE
DENVER, CO 80211
Asking Price
$3.29M
Asset Type
Mixed-use
Class
Class B
What's Special
Jefferson Park's Last Developable Corner Before the Corridor Closes <p><strong>Twelve Stories By Right — No Rezoning, No Entitlement Timeline</strong> The 0.511-acre assembled site at 2420 Alcott Street carries C-MX-12 zoning — Denver's highest-intensity Community Mixed-Use designation — permitting twelve stories of mixed-use residential development by right. No rezoning filing. No public hearing. No political risk attached to a process the developer does not control. In a market where entitlement risk is one of the largest line items in any urban development pr
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NOI
$80,000
Cap Rate
2.43%
DSCR
0.41
Underwater
Cash-on-Cash
-11.70%
Monthly Payment
$16,301.862
Annual Cash Flow
$-115,622.346
