Properties/0234505027000
15Watch
Affordable

HALCYON HOUSE

different number same street
1950 ARAPAHOE ST·GORO 1055 LLC IL
Value
$26.7M
Denver assessor
Rolloff
2033
7y out
Units
197
197 affordable
$ / unit
$135K
assessor basis
Conv. Rank
72.0
0 → 100
Subsidy
LIHTC
VACANT LAND
Urgency
expirednow2 yr5 yr15 yr+
1950 ARAPAHOE ST
HUD address
1955 ARAPAHOE ST
Assessor address
1950 ARAPAHOE ST
Parcel ID
0234505027000
Classification
VACANT LAND
Assessed value
$26,671,300
Owner mailing
161 N CLARK ST STE 3400, CHICAGO, IL 60601-3327
Address mismatch flag: different number same street. Likely a scattered-site program or wrong parcel mapping — verify before outreach.

Seller motivation

15Watch
  • Out-of-state owner+10
    Owner mailing in IL — 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

Composite66.3Overall priority score: a weighted blend of the three strategy scores (leans Convert > Watch > Preserve) plus deal-level adjustments, computed during the scoring run.
Preserve59.2Strength as a preservation buy — acquire and keep it affordable (recap or covenant extension).
Convert72.0Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch66.0Monitoring priority — how closely to track this property for ownership or covenant movement.