Properties/0502203003000
20Watch
Affordable

CECIL APTS

different number same street
1450 N MARION ST·B & R MARION LLC
Value
$3.8M
Denver assessor
Rolloff
2020
expired 6y ago
Units
16
16 affordable
$ / unit
$239K
assessor basis
Conv. Rank
49.0
0 → 100
Subsidy
LIHTC
RESIDENTIAL-APARTMENT
Urgency
expirednow2 yr5 yr15 yr+
1450 N MARION ST
HUD address
1440 N MARION ST
Assessor address
1450 N MARION ST
Parcel ID
0502203003000
Classification
RESIDENTIAL-APARTMENT
Assessed value
$3,831,800
Owner mailing
3828 W 24TH AVE, DENVER, CO 80211-4412
Address mismatch flag: different number same street. Likely a scattered-site program or wrong parcel mapping — verify before outreach.

Seller motivation

20Watch
  • Covenant expired+20
    Covenant rolled off 6 years ago (year 2020) — owner is free to sell at market without HB24-1175 friction.
Computed 6/11/2026

Composite scoring

Composite59.6Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.
Preserve67.5Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).
Convert49.0Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch61.6Monitoring priority — how closely to track this property for ownership or covenant movement.