Sperry, Rocky Mountain Commercial is pleased to present SoBo 42. A fully entitled and planned development for 5-stories, 42- unit multifamily site, with new Architectural plans proposing - 68 units at 5 stories, or 113 Units at 8 stories.
| Located just south of downtown and near the Evans Light rail station and one block off of Broadway and is on a quieter street, yet walking distance to entertainment and dining.
| Most governmental licenses and approvals, allow a buyer the opportunity to start construction in 2025 and to stabilize in as little as 18 months.
| Fully Entitled Site - Exceptional opportunity to acquire Denver land that comes with SDP’s, approvals, permits, and everything needed to start construction immediately.
| 100% Market Rate Units - This project is grandfathered in from the Denver Affordable housing ordinances with the current permits to build 42 units. Adding additional units as proposed would require affordable units.
| Light Rail in Walking Distance – Quick Access to downtown Denver and the entire metroplex means increased potential for investors.
| Significant decrease in time to Stabilization – With all planning and approvals done, as well as soft costs paid, this project will save 18-24 months in a buyers development process.