/0510329012000
15Watch
Mixed Commercial & Affordable
Atlantis Apartments 1
201 S CHEROKEE ST·ATLANTIS APARTMENTS I LLLP
Value
$18.3M
Denver assessor
Rolloff
2040
14y out
Units
45
19 affordable
$ / unit
$406K
assessor basis
Conv. Rank
38.0
0 → 100
Subsidy
811 PRA DEMO
OFFICE W/MIXED USE
Urgency
expirednow2 yr5 yr15 yr+
HUD address
201 S Cherokee St
Assessor address
201 S CHEROKEE ST
Parcel ID
0510329012000Classification
OFFICE W/MIXED USE
Assessed value
$18,263,500
Owner mailing
1003 S VINE ST, DENVER, CO 80209-4622
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 8/13/2026
Composite scoring
Composite42.8Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.Preserve36.0Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).
Convert38.0Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch46.8Monitoring priority — how closely to track this property for ownership or covenant movement.