0.75-acre development parcel positioned at the intersection of Aurora's most powerful growth drivers — this is a developer's opportunity to deliver a landmark luxury residential project without the entitlement risk and timeline uncertainty that typically accompany ground-up development.
Already zoned and approved for Residential Mixed Use (OA-RMU), the site is primed for a premium multifamily or SFR attached community. With the hard work of approvals behind you, what remains is pure execution: capitalize on one of the Denver metro's most undersupplied luxury submarkets and bring a flagship build to market ahead of the competition. The project consists of a 6-story residential building above grade with one level of below-grade parking, with 53 total residential units. The typical floor plate is approximately 12,100 square feet in area, complete with a plan for the 6th floor & rooftop - containing a mix of residential penthouse spaces and occupied rooftop amenity spaces.
Aurora's demand fundamentals are compelling and sustained. The area draws a steady pipeline of professionals, medical workers, military personnel, and families — a tenant profile that commands premium rents and maintains strong occupancy even through market cycles. With limited new luxury inventory entering the submarket, a well-designed project here stands to achieve outsized absorption and durable income performance.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.