2919 W 23rd Ave
Denver, CO 80211
Jefferson Park Neighborhood
20-Unit Townhome Complex
The Offering
Investment opportunity to own 20 townhomes. Construction should be complete in early 2020.
Another amazing townhome project by Rise Development— located in the heart of Jefferson
Park. Inspired townhome living with high end finishes including natural finished hardwood
floors, European cabinets, 3CM Quartz counters, matte black fixtures, subway tile, large format
tile, and patterned carpeting. Rooftop decks with incredible city views! High-quality thoughtful
building and a flexible floorplan for modern/ active lifestyles. Located just south of the
Highlands & LoHi neighborhoods, and just East of Sloan's Lake is one of Denver's hidden gems -
Jefferson Park. Stroll through the park to Briar Common Brewery. The neighborhood is a
commuter dream with quick access to freeways, downtown, the airport - and many of Denver's
best restaurants and bars. Walk, bike or scoot to Elitch Gardens and many other notable Denver
attractions. Tailgate and walk to Broncos games. No HOA, party wall agreement adds to
affordability. Get in before the newly approved Stadium District explodes values!
$11,699,000
360dwellings
1001 Bannock St, Ste 128
Denver, CO 80204
www.360dwellings.com
Jonathan Benecke
Broker Associate
720-384-6573
OVERVIEW
Estimated CAP Rate: 5.55%
Unit Mix
1 Venice Model - 1835 Sq Ft
7 Milan Models - 1316 -1409 Sq Ft
6 Rome Models - 1302 - 1356 Sq Ft
6 Florence Models - 1528 Sq Ft
19 Units are 2 Bed & 2 or 2.5 Bath
1 Unit is 3 Bed/ 2.5 Bath
6 Units have 2 Car Attached Garages
14 Units have 1 Car Attached Garages
Property Description
Units: 20
Year Built: 2019
Building Size : 28,567 Sq Ft
Roof Top Decks with City & Mountain
Views
Luxury Rentals
Estimated Rent Schedule
1 Venice Model - $3250
7 Milan Models - $2550 - $2950
6 Rome Models - $2650 - $2850
6 Florence Models - $2650 - $2750
Operating Data
Gross Annual Rent: $649,200
Expenses
Unknown
Investment Summary
Price: $11,699,000
Per/Unit: $584,950
Price/Sq Ft: $410
360dwellings
1001 Bannock St, Ste 128
Denver, CO 80204
www.360dwellings.com
Jonathan Benecke
Broker Associate
720-384-6573
2919 W 23rd Ave
Denver, CO 80211
Jefferson Park Neighborhood
20-Unit Townhome Complex
PROPERTY PHOTOS
360dwellings
1001 Bannock St, Ste 128
Denver, CO 80204
www.360dwellings.com
Jonathan Benecke
Broker Associate
720-384-6573
2919 W 23rd Ave
Denver, CO 80211
Jefferson Park Neighborhood
20-Unit Townhome Complex
AERIAL MAP 2919 W 23rd Ave
Denver, CO 80211
Jefferson Park Neighborhood
20-Unit Townhome Complex
360dwellings
1001 Bannock St, Ste 128
Denver, CO 80204
www.360dwellings.com
Jonathan Benecke
Broker Associate
720-384-6573