Investment Summary
Site: 0.43 acre site at 4190 W Colfax Ave, Denver, CO 80204
StoryBuilt is pleased to offer the opportunity to invest up to $12,000,000 of limited partner equity to fund the vertical development of a boutique, multifamily project in the highly desirable Sloan’s Lake neighborhood of Denver, Colorado.
Ozzie is a fully designed and entitled boutique, 83-unit multifamily rental project located on an 18,750 SF site along the rapidly improving W. Colfax corridor in the Sloan’s Lake neighborhood of Denver. This urban infill location is adjacent to the St. Anthony’s redevelopment area which has experienced significant redevelopment by developers such as Trammel Crow Residential, NAVA, LCP, Zocalo, and Hines. The location offers walkability to coffee shops, restaurants, and amenities. The site is 10-minutes from Downtown Denver and has excellent transit access, including high-frequency bus service on W. Colfax and the Perry light rail station within walking distance (.5 Miles). Ozzie will offer 83 studio, 1- & 2-bedroom apartments at monthly rents ranging from $1,565-$2,375.
Market Highlights
Ozzie is located 10-minutes west of downtown, four blocks south of Sloan’s Lake and adjacent to the St. Anthony’s redevelopment area. Significant recent investment by developers such as TCR, NAVA, LCP, Zocalo, and Hines has improved the area considerably. Ozzie is located at the southeast corner of Raleigh St. and W. Colfax Ave, across from Starbucks, Alamo Draft House, and Mizuumi Ramen.
The location offers walkability to coffee shops, restaurants, breweries, ice cream, CrossFit, and other amenities. Excellent transit is available through high-frequency bus service on West Colfax Avenue and the Perry RTD light rail station 0.5 miles south
