Case Studies

Delgany Townhomes

The Delgany Townhomes are located in the River North (RINO) neighborhood of Denver, Colorado. Revesco Properties identified an undervalued parcel of land in this gentrifying neighborhood and built affordable townhouses

PROJECT ENHANCEMENTS:

Revesco identified an undervalued parcel of land in the gentrifying River North (RINO) neighborhood where they could deliver an affordable townhome project while still employing creative design and utilizing quality materials.

Revesco was able to pre-sell 100% of the units by marketing internally without the involvement of residential realtors – saving $1,000’s.

PROJECT DESCRIPTION:

Address: 3527 Delgany Street, Denver, CO

Year Built: 2015-2016

Property Type: Residential Townhomes

Number of Units: 5

Average Unit SF: 1,380 SF

Occupancy at Acquisition: 0%, New Build

Average Sales Price: $417,355

PROJECT LOCATION:

PROJECT ENHANCEMENTS:

Revesco identified an undervalued parcel of land in the gentrifying River North (RINO) neighborhood where they could deliver an affordable townhome project while still employing creative design and utilizing quality materials.

Revesco was able to pre-sell 100% of the units by marketing internally without the involvement of residential realtors – saving $1,000’s.

PROJECT DESCRIPTION:

Address: 3527 Delgany Street, Denver, CO

Year Built: 2015-2016

Property Type: Residential Townhomes

Number of Units: 5

Average Unit SF: 1,380 SF

Occupancy at Acquisition: 0%, New Build

Average Sales Price: $417,355

PROJECT LOCATION:

Investment Return:

Total Hold Period: 18 months