1225 Xavier Street

Denver, CO 80204

$5,250,000
Price
25,800 / 0.59
Lot Size / Acres

Description

Xavier Residences is a near permit-ready investment opportunity to develop a unique hybrid for rent / for sale multi-family project. The final permit approval for this project is anticipated early Spring 2024. The architectural plans encompass 71 units, with a breakdown consisting of 61 apartment units and an additional 10 townhome-style units available for sale. Notably, Xavier Residences stands as one of the last expansive development parcels in West Colfax. Of strategic benefit to the developer,...Xavier Residences is a near permit-ready investment opportunity to develop a unique hybrid for rent / for sale multi-family project. The final permit approval for this project is anticipated early Spring 2024. The architectural plans encompass 71 units, with a breakdown consisting of 61 apartment units and an additional 10 townhome-style units available for sale. Notably, Xavier Residences stands as one of the last expansive development parcels in West Colfax. Of strategic benefit to the developer, the project underwent review before the implementation of Denver's new "Expanding Affordable Housing" development requirements, positioning the project advantageously within the regulatory landscape. Complete shovel-ready construction drawings and permit approval anticipated early Spring 2024 One of the last expansive development parcels in West Colfax Multiple exit strategies: POtential for Hybrid rent / for sale component: 61 apartment units & 10 townhome-style units Permitted prior to new Affordable Housing Requirements
  1. Listed by Teal Nipp Hagan • Kaufman Hagan • thagan@khcommercial.com,720-984-0419

Amenities

  • Attached Garage
  • Garage
  • Water Views

Location

Listing Courtesy of Kaufman Hagan, Teal Nipp Hagan
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LISTING UPDATED: 02/13/2024 03:52 PM

Property Details for 1225 Xavier Street

StatusActive
MLS #3505470
Days on Compass77
Taxes$3,123 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeVacant Land/Lots
Year Built-
Lot Size0.59 AC
CountyDenver County

Location

Listing Courtesy of Kaufman Hagan, Teal Nipp Hagan
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Building Information for 1225 Xavier Street

Lot Size0.59 AC

Payment Calculator

$28,912 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,651

Property Taxes

$260

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1225 Xavier Street

Summary
Location and General Information
  • Longitude and Latitude: -105.05011, 39.735683
  • Latitude: 39.74
  • Longitude: -105.05
  • Elementary School District: Denver 1
  • Middle Or Junior School District: Denver 1
Parking
  • Garage Type 1: Yes
  • # of Garage Spaces 1: 57
  • # of Garage Spaces 3: Yes
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2022
  • Has HOA Covenants: No
  • Tax Annual Amount: $3,123
Property
Lot Information
  • Lot Improvements: Level
  • Lot Size Area: 25,800.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Crops: None
Property and Assessments
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Location Description 2: No
  • New Construction YN: No
Utilities
  • Sewer: City Sewer, Public Sewer
Interior and Exterior Features
Interior Features
  • ViewYN: Yes
  • Baths Full Additional: 0
  • Baths Full Basement: 0
  • Baths Half Additional: 0
  • Baths Half Basement: 0
  • Baths Three Quarters Additional: 0
  • Baths Three Quarters Basement: 0
  • Baths Three Quarters Lower: 0
  • Baths Three Quarters Upper: 0
  • Main Level Bathrooms: 0
Rental
Rental Information
  • Lease Sq Ft Unit: Square Feet
  • Horse YN: No

Property History for 1225 Xavier Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1225 Xavier Street

Taxable ValueLand$36,210Additions$70Total$36,280
Tax Record2023$2,811 ($234 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,336 SqFtAbove Grade Finished SqFt836 SqFtFinished Basement SqFt500 SqFtStories1Lot Size6,270 SqFtStyleSingle Family ResidenceYear Built1955ZoningG-MU-5CountyDENVERAPN05062-00-205-000

Schools near 1225 Xavier Street

This home is within Denver County 1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Colfax Elementary School
PublicPK to 5

Lake Middle School
Public6 to 8

North High School
Public9 to 12

Strive Prep - Lake Campus
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1225 Xavier Street is a 0.59 ac of land for sale in Denver, CO 80204. This property was listed for sale on February 13, 2024 by Kaufman Hagan, it's currently listed at $5,250,000. It has been on the market for a total of 77 days and was last sold on August 31, 2018. This listing's school district is Denver County 1 School District. Nearby schools include Colfax Elementary School, Lake Middle School and North High School. 1225 Xavier Street is a 0-bed, 0-bath, 0.59 ac of land on a 25,800 sq. ft. / 0.59 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kaufman Hagan, Teal Nipp Hagan

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.