Properties/0234530121121
30Warm
Affordable

DENVER DRY GOODS

different street
700 16TH ST 15B&1·ZEV LLC
Value
$4.5M
Denver assessor
Rolloff
2023
expired 3y ago
Units
51
$ / unit
$88K
assessor basis
Conv. Rank
70.5
0 → 100
Subsidy
LIHTC
COMMERCIAL-CONDOMINIUM
Urgency
expirednow2 yr5 yr15 yr+
700 16TH ST 15B&1
HUD address
1565 CALIFORNIA ST
Assessor address
700 16TH ST 15B&1
Parcel ID
0234530121121
Classification
COMMERCIAL-CONDOMINIUM
Assessed value
$4,479,400
Owner mailing
1400 GLENARM PL RM 201, DENVER, CO 80202-5033
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

Composite72.0Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.
Preserve76.2Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).
Convert70.5Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch69.0Monitoring priority — how closely to track this property for ownership or covenant movement.