Properties/0235222009000
40Warm
Affordable

CAROLTON ARMS

different street
903 E 23RD AVE·FF I BORROWER II LLC
Value
$692K
Denver assessor
Rolloff
2021
expired 5y ago
Units
21
21 affordable
$ / unit
$33K
assessor basis
Conv. Rank
61.4
0 → 100
Subsidy
LIHTC
SFR Grade C
Urgency
expirednow2 yr5 yr15 yr+
903 E 23RD AVE
HUD address
2306 N CLARKSON ST
Assessor address
903 E 23RD AVE
Parcel ID
0235222009000
Classification
SFR Grade C
Assessed value
$692,400
Owner mailing
1195 BANGTAIL WAY, STEAMBOAT SPRINGS, CO 80487-1819
Address mismatch flag: different street. Likely a scattered-site program or wrong parcel mapping — verify before outreach.

Seller motivation

40Warm
  • Covenant expired+20
    Covenant rolled off 5 years ago (year 2021) — owner is free to sell at market without HB24-1175 friction.
  • Recent entity transfer+20
    Recent non-arms entity transfer (last 24mo) — likely syndication exit or GP buyout. Often precedes a real sale by 6-24 months.
Computed 6/11/2026

Composite scoring

Composite68.3Overall 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).
Convert61.4Strength as a conversion play — covenant rolls off and units can reprice to market. This is the table's Score column.
Watch69.1Monitoring priority — how closely to track this property for ownership or covenant movement.