2500 S Valley Hwy Denver, CO 80222

This 26,484sqft (0.61 acres) R-3 zoned lot, backs to the Highline Canal, is in the Cherry Creek school district, and is walking distance to the Yale RTD Park-N-Ride station. The lot is under the jurisdiction of Unincorporated Arapahoe County. The seller has proposed to build 12-14 townhome-style residences with 2-car attached garages, though the lot provides several different options to a developer who seeks to create townhome-style or other types of multifamily housing, assisted living, church/religious entity, school, etc. Included in the sale (currently on the lot), is a 2,800sqft (all above grade) fully remodeled 7b, 3ba single-family house and is fully furnished including with a high-end kitchen, two refrigerators, a 6-burner convection stove, two gas fireplaces, and a large communal living space. This was previously rented as an income property and produced $5,000/month in revenue.