42-56 units shovel ready development

1899 S Acoma Street Denver, CO 80223

1899 S Acoma Street, Denver, CO, 80223
1899 S Acoma Street, Denver, CO, 80223 1899 S Acoma Street, Denver, CO, 80223 1899 S Acoma Street, Denver, CO, 80223
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,200,000
Last Verified:
Dec 02, 2025

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Description

Fully Entitled Site - Exceptional opportunity to acquire Denver land that comes with SDP’s, approvals, permits, and everything needed to start consturction immediately.

100% Market Rate Units - This project is grandfathered in from the Denver Affordable housing ordinances with the current permits.

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.

Sperry, Rocky Mountain Commercial is pleased to present SoBo 42. A fully entitled and planned, 5-story 42-unit multifamily site located just south of downtown and near the Evans Light rail station.

This distinctive development has all necessary governmental licenses and approvals, allowing a buyer the opportunity to start construction in 2024 and to stabilize in as little as 18 months. The site is one block off of Broadway and is on a quieter street, yet walking distance to entertainment and dining.

Building Size: 12415sq ft
Lot Size: 0.29 acres


Documents

1899 S Acoma OM 2025 Flyer.pdf

Map of 1899 S Acoma Street, Denver, CO, 80223

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.