Properties/0234220055000
15Watch
Mixed Commercial & Affordable

BROADWAY PLAZA LOFTS

different street
2321 ARAPAHOE ST·BROADWAY PLAZA LOFTS LLLP OR
Value
$4.1M
Denver assessor
Rolloff
2035
9y out
Units
223
222 affordable
$ / unit
$18K
assessor basis
Conv. Rank
48.5
0 → 100
Subsidy
LIHTC
COMMERCIAL-OFFICE
Urgency
expirednow2 yr5 yr15 yr+
2321 ARAPAHOE ST
HUD address
2330 N BROADWAY
Assessor address
2321 ARAPAHOE ST
Parcel ID
0234220055000
Classification
COMMERCIAL-OFFICE
Assessed value
$4,122,300
Owner mailing
412 NW 5TH AVE, PORTLAND, OR 97209-3893
Address mismatch flag: different street. Likely a scattered-site program or wrong parcel mapping — verify before outreach.

Seller motivation

15Watch
  • Out-of-state owner+10
    Owner mailing in OR — disconnected from local management, often higher receptivity to direct outreach.
  • 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

Composite49.9Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.
Preserve57.0Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).
Convert48.5Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch65.7Monitoring priority — how closely to track this property for ownership or covenant movement.