Properties/0233113031031
30Warm
Affordable

STUDEBAKER BUILDING

different street
1501 WAZEE ST APT 2A·MBJ #6 LLC
Value
$460K
Denver assessor
Rolloff
2023
expired 3y ago
Units
33
25 affordable
$ / unit
$14K
assessor basis
Conv. Rank
61.4
0 → 100
Subsidy
LIHTC
RESIDENTIAL-CONDOMINIUM
Urgency
expirednow2 yr5 yr15 yr+
1501 WAZEE ST APT 2A
HUD address
1507 BLAKE ST
Assessor address
1501 WAZEE ST APT 2A
Parcel ID
0233113031031
Classification
RESIDENTIAL-CONDOMINIUM
Assessed value
$460,000
Owner mailing
2990 E 17TH AVE APT 1804, DENVER, CO 80206-1677
Address mismatch flag: different street. Likely a scattered-site program or wrong parcel mapping — verify before outreach.

Seller motivation

30Warm
  • Covenant expired+20
    Covenant rolled off 3 years ago (year 2023) — owner is free to sell at market without HB24-1175 friction.
  • Comparable sale nearby+10
    Comparable arms-length sale (same bucket, similar units) closed in last 12 months — market signal supports current pricing discussion.
Computed 6/11/2026

Composite scoring

Composite68.3Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.
Preserve71.0Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).
Convert61.4Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch69.1Monitoring priority — how closely to track this property for ownership or covenant movement.