Buyer clients were successful on these side by side lots totaling 12,500 sq ft at the corner of 22nd & Sherman (just east of S Broadway and just south of Evans). Corner lot assemblages are always popular with developers and this one was no different. There were several other very interested parties that resulted in another multiple offer situation; however, my clients put together two offers (one for each property) that met the needs and desires of the estate selling these properties.

Currently, there is a house at 2184 S Sherman that is bringing in income and a duplex at 2198 S Sherman that is also bringing in income. Combined there is over 5k in income coming in to help offset holding costs until my clients decide to develop the side by side lots most likely with two brand new duplexes with rooftop decks.

Sold Price: 176k

My most recent development deal took place off the South Broadway corridor in N Englewood, only a few blocks from the Denver County line, and about 10 minutes to Downtown Denver.

There was an Englewood home for sale on the property (seen above), it will be taken down shortly.  Check back mid to late summer for a contemporary duplex, selling for around 500k per side.

With inventory at 13 yr lows currently, finding good Denver fix and flip opportunities/deals is tough.  If you’re interested in Denver investment properties, we should get together and discuss the various options that make sense in the current Denver investment market.