Xavier Residences is a near permit-ready investment opportunity to develop a unique hybrid apartment/townhouse project. The project is approved and recorded with the Zoning Department and construction permits have been submitted and are near approval. The architectural plans encompass a total of 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 prior to the implementation of Denver’s new “Expanding Affordable Housing” development requirements, and SDP approved prior to EHA ordinances, positioning the project advantageously within the regulatory landscape. Total Entitled Project Price: $4,795,000 Total Project Construction Costs: $22,256,505.71 5-Year Trended NOI: $1,510,394 County: Denver Year Built: 2025/2026 # Buildings: 1 with Internal Drive Aisle # Stories: Level 0 Parking + 5 Levels Roof Type: Low Slope Membrane Roof Total Apartment Units: 61 Total Townhomes: 10 GBA Apartments: 65,592 SF GBA Townhomes: 19,391 SF Total Lot SF: ~25,000 Parking: 57 Total Spaces + Off-Street Apartment Parking: 40 Spaces (Rentable at $100/Mo.) Townhome Parking: 10 Private Garages (17 Total Spaces) Heating: HVAC Air Conditioning: Central Zoning: G-MU-5