15Watch
Affordable
SANDERSON APARTMENTS
1601 S FEDERAL BLVD·SANDERSON APARTMENTS LLLP
Value
$12.0M
Denver assessor
Rolloff
2047
21y out
Units
60
60 affordable
$ / unit
$200K
assessor basis
Conv. Rank
52.9
0 → 100
Subsidy
LIHTC
SFR Grade D or E
Urgency
expirednow2 yr5 yr15 yr+
HUD address
1601 S. FEDERAL BLVD.
Assessor address
1601 S FEDERAL BLVD
Parcel ID
0520304051000Classification
SFR Grade D or E
Assessed value
$11,982,000
Owner mailing
4141 E DICKENSON PL
Seller motivation
15Watch- LLC / LP investor+5LLC / LP ownership — investor-driven, watch for end-of-fund-life or Year-15 syndication exit signals.
- Comparable sale nearby+10Comparable arms-length sale (same bucket, similar units) closed in last 12 months — market signal supports current pricing discussion.
Computed 6/11/2026
Composite scoring
Composite40.1Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.Preserve33.7Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).
Convert52.9Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch43.5Monitoring priority — how closely to track this property for ownership or covenant movement.