Properties/0236409009000
25Watch
Affordable

REDI CORP I

1540 N STEELE ST·REDI CORPORATION
Value
$1.2M
Denver assessor
Rolloff
2027
1y out
Units
5
5 affordable
$ / unit
$239K
assessor basis
Conv. Rank
43.5
0 → 100
Subsidy
202/8 SR
SFR Grade B w/RK
Urgency
expirednow2 yr5 yr15 yr+
1540 N STEELE ST
HUD address
1540 STEELE ST
Assessor address
1540 N STEELE ST
Parcel ID
0236409009000
Classification
SFR Grade B w/RK
Assessed value
$1,193,500
Owner mailing
1900 N GRANT ST STE 540

Seller motivation

25Watch
  • Covenant imminent+25
    Affordability rolloff in 1 year(s) (2027) — decision window is NOW.
Computed 6/11/2026

Composite scoring

Composite53.5Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.
Preserve65.5Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).
Convert43.5Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch67.8Monitoring priority — how closely to track this property for ownership or covenant movement.