Littleton Equine Multifamily Land

Located in the thriving community of Littleton, the property boasts a prime location with easy access to a diverse array of amenities and attractions. With its ideal blend of urban convenience and natural beauty, the Littleton Equine Multifamily Land presents an exceptional opportunity for investors seeking to capitalize on the area's appeal.Less than a mile from the Mineral Light Rail Station (4,500 riders/day) and Aspen Grove Pedestrian Mall (50+ retailers including Apple, Banana Republic, Alamo Drafthouse Cinema, lululemon, Williams-Sonoma). Quick access to medical employment and the Southeast Business Corridor (212,000 jobs) via C-470. The cost of homeownership has become a significant challenge for home buyers in metro Denver, leading to more renters in the area. In this submarket, homeownership is a staggering 51% more expensive than renting. Strong surrounding demographics - $141K average household income within a two-mile radius. Class A rent comps are achieving an average effective rent of $2,350 gross/$2.58 per SF. Steps to the South Platte River Trail and Open Space. Located within the highly rated Littleton Public School District.