Do you love art, Denver’s Golden Triangle and condo life? This is for you!

In Condo Tracker, Development, For Sale, Investment, Market Trends, Purchasing Condosby Denver High-Rise LivingLeave a Comment

Dear Friends,

I’d like to introduce you to one of our favorite, one-of-a-kind, properties, an incredible home that is listed in partnership with our friend Danny Hoeft and eXp Realty.

This home is located in Metro Lofts at 930 Acoma Street in Denver’s sought out and developing neighborhood, the Golden Triangle.  The owner loved living in the building so much that he purchased 319 and 320 to combine them into one unit providing 2,851 feet of living space, which has served the homeowner well for entertaining and the perfect space to display gorgeous art on the 27-foot-high walls.  Many times you have to forfeit windows to get wall space in a condo, or forfeit wall space to get windows, but here you get both. 

The two units are still one at this time, however, the homeowner has listed them individually and is working with a contractor to separate them and sell them individually.  Each unit comes with 2 parking spaces and a storage unit.  Right now is a unique opportunity to take advantage of this spacious, entertainer’s dream condo, with a total of 4 parking spaces and 2 storage units, all of which can be rented if you are not in need of that many spaces and units.

However, if you are interested in one of the two units, it is also an opportunity for you to choose your kitchen finishes in unit 319 for a short time.  Maybe you want to purchase the two units separately and rent them out?  Thank you to Chris Mulhern at Renters Warehouse for the research he did to prepare a rental analysis of the two properties for us.  Based on the market today, they recommend these units be rented at  $2,910 – $3,189 a month

VIEW BOTH LISTINGS HERE

The condo development is a mid-rise development and is known for their beautiful gardens, jazz events on the bridge and the extra security that comes with neighbors who know and care about one another.  It directly reflects the neighborhood it sits in…The Golden Triangle.

The Golden Triangle is home to 16 galleries and museums, where contemporary design meets old-school charm.  Learn more here. 

On May 1, 2020 James Rodriguez of the Denver Business Journal published an article detailing city planners’ intent to enhance the Golden Triangle neighborhood in conjunction with the developer interest in the area.  The article highlights the recent purchase of the historic Evans School building by City Street Investors, the same group behind the redevelopment of Union Station.  Located less than two blocks away from this condo, City Street Investors are hoping the Evans School redevelopment, incentivized by the current rezoning efforts for the neighborhood, will serve as a “center of gravity” for Golden Triangle residents.  Read the full Denver Business Journal article here.

With the upcoming redevelopment of the Evans School, the $150 million dollar renovation currently underway at the Denver Art Museum and roughly 8 additional lots either in the planning stages or under construction already in the neighborhood, we with Denver High-Rise Living believe this unit comes with significant upside for a lucky buyer.  With the Golden Triangle already a residentially dense neighborhood, the City of Denver’s rezoning efforts would bring along with it an influx of retail, commercial, food and beverage and recreational outdoor spaces – all things we know boost residential property values. 
 
As a matter of fact, Whole Foods just opened its second Ideal Market store, on 11th Avenue between Emerson and Ogden, this past week.  Read more here.
 
Please let us know if you would like to tour this beautiful property.  In the meantime, take a look at this property featured in Modern Living Magazine in 2015.

 

Follow us on social media to learn more important tips about purchasing and selling condos!  OR reach out to us directly to let us help you purchase your new condo and to be the first to know about the newest developments in Denver.

You can also learn more about us here and search condos on your own, if you don’t want our help right now.  Enjoy your day!

Lori Greenly – Founder
(720) 985-7455
lori@denverhighriseliving.com

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