Properties/0234531039000
30Warm
Market Rate & Affordable

RIO GRANDE BUILDING

different street
801 15TH ST·STOUT BL LLC
Value
$38.6M
Denver assessor
Rolloff
2026
this year
Units
69
33 affordable
$ / unit
$560K
assessor basis
Conv. Rank
74.0
0 → 100
Subsidy
LIHTC
COMMERCIAL-HOTEL
Urgency
expirednow2 yr5 yr15 yr+
801 15TH ST
HUD address
1531 STOUT ST
Assessor address
801 15TH ST
Parcel ID
0234531039000
Classification
COMMERCIAL-HOTEL
Assessed value
$38,609,100
Owner mailing
4949 S NIAGARA ST STE 300, DENVER, CO 80237-3342
Address mismatch flag: different street. Likely a scattered-site program or wrong parcel mapping — verify before outreach.

Seller motivation

30Warm
  • Covenant imminent+25
    Affordability rolloff in 0 year(s) (2026) — decision window is NOW.
  • LLC / LP investor+5
    LLC / LP ownership — investor-driven, watch for end-of-fund-life or Year-15 syndication exit signals.
Computed 6/11/2026

Composite scoring

Composite74.6Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.
Preserve67.2Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).
Convert74.0Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch71.3Monitoring priority — how closely to track this property for ownership or covenant movement.