THOMAS BEAN TOWERS

2350 CLEVELAND PL·HOUSING AUTHORITY OF THE CITY & COUNTY OF DENVER

Value

$45.8M

Denver assessor

Rolloff

2036

10y out

Units

189

188 affordable

$ / unit

$242K

assessor basis

Conv. Rank

43.6

0 → 100

Subsidy

LIHTC

VACANT LAND

Urgency

expirednow2 yr5 yr15 yr+

HUD address

2350 CLEVELAND PL

Assessor address

2350 CLEVELAND PL

Parcel ID

0234130004000

Classification

VACANT LAND

Assessed value

$45,775,800

Owner mailing

PO BOX 40305

Seller motivation

0Quiet

No active motivation signals. Watchlist candidate only.

Computed 6/11/2026

Composite scoring

Composite46.9Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.

Preserve71.0Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).

Convert43.6Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.

Watch49.8Monitoring priority — how closely to track this property for ownership or covenant movement.