Properties/0501208026000
30Warm
Mixed Commercial & Affordable

AUSTIN BUILDING

2400 E COLFAX AVE RESD·AUSTIN REDEVELOPMENT LTD
Value
$3.4M
Denver assessor
Rolloff
2026
this year
Units
18
17 affordable
$ / unit
$190K
assessor basis
Conv. Rank
47.9
0 → 100
Subsidy
LIHTC
COMMERCIAL-OFFICE
Urgency
expirednow2 yr5 yr15 yr+
2400 E COLFAX AVE RESD
HUD address
2400 E COLFAX AVE
Assessor address
2400 E COLFAX AVE RESD
Parcel ID
0501208026000
Classification
COMMERCIAL-OFFICE
Assessed value
$3,425,400
Owner mailing
2416 E COLFAX AVE

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

Composite60.4Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.
Preserve66.3Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).
Convert47.9Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch60.1Monitoring priority — how closely to track this property for ownership or covenant movement.