Properties/0501209014000
25Watch
Affordable

CONGRESS PARK COMMONS

1401 N JOSEPHINE ST RESD·CONGRESS PARK INVESTORS LLC OH
Value
$7.0M
Denver assessor
Rolloff
2047
21y out
Units
32
32 affordable
$ / unit
$219K
assessor basis
Conv. Rank
29.3
0 → 100
Subsidy
LIHTC
SFR Grade C
Urgency
expirednow2 yr5 yr15 yr+
1401 N JOSEPHINE ST RESD
HUD address
1401 JOSEPHINE
Assessor address
1401 N JOSEPHINE ST RESD
Parcel ID
0501209014000
Classification
SFR Grade C
Assessed value
$7,001,600
Owner mailing
26301 CURTISS WRIGHT PKWY STE 300

Seller motivation

25Watch
  • Out-of-state owner+10
    Owner mailing in OH — 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.
  • 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

Composite27.3Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.
Preserve31.6Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).
Convert29.3Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch31.4Monitoring priority — how closely to track this property for ownership or covenant movement.