Incredible investment opportunity in the first investment condotel of its kind EspadinLoHi.com is a 46-unit condo building that operates similar to a hotel. Owners can legally short term lease their unit on AirBnB, VRBO and other platforms or use the unit for personal use. Property transfers over with all bookings in place and with a property management agreement with Effortless Rental Group at 17.5% property management fee. This is a one-of-a-kind investment with all units in the building generating a CAP rate of between 8-15%! Luxurious finishes hand selected to create a cohesive and modern environment. Timeless selections combined with designer finishes create a high-end kitchen. Anticipated LEED Platinum Designation, Sustainable plus Renewable Materials, Energy Efficient, Solar Powered, Community Rooftop, City and Mountain Views, Main Level Restaurant, Two-Toned Kitchen Cabinet Design, Smart Home Technology Pre-Wire, and Controlled Access .
Property Features
Bedrooms
- Bedrooms: 1
- Bedroom 1 Dimensions: 12.0 x 10.0
- Bedroom 1 Level: Main
Other Rooms
- Total Rooms: 6
- Bathroom (Full) Level: Main
- Bathroom (Full) Width: 6.00
- Bathroom (Full) Length: 9.00
- Laundry Level: Main
- Laundry Width: 6.00
- Laundry Length: 9.00
- Living Room Dimensions: 12.0 x 14.0
- Living Room Level: Main
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Eat-in Kitchen
- Entrance Foyer
- Kitchen Island
- Open Floorplan
- Solid Surface Counters
- Walk-In Closet(s)
- Flooring: Carpet, Tile, Vinyl
Appliances
- Cooktop
- Dishwasher
- Disposal
- Microwave
- Oven
- Refrigerator
- Laundry Features: In Unit
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Forced Air
Kitchen and Dining
- Dining Room Dimensions: 12.0 x 7.0
- Dining Room Level: Main
- Kitchen Dimensions: 12.0 x 10.0
- Kitchen Level: Main
Exterior and Lot Features
- Balcony
- Road Surface Type: Paved
Garage and Parking
- Garage Spaces: 1
- Garage Description: Community Parking Garage
- Parking Features: Community Parking Garage
- Parking Total: 1
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Security
- Association Fee: 290
- Association Fee Frequency: Monthly
- Association Fee Includes: Electricity, Heat, On-Site Check In, Recycling, Security, Sewer, Snow Removal, Trash, Water
- Calculated Total Monthly Association Fees: 290
- Pets Allowed: Cats OK, Dogs OK
School Information
- Elementary School: Edison
- Elementary School District: Denver 1
- High School: North
- High School District: Denver 1
- Middle School: Strive Sunnyside
- Middle or Junior School District: Denver 1
Multi-Unit Info
Other Property Info
- Source Listing Status: Active
- County: Denver
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: LoHi
- Subdivision: LoHi
- Zoning: RES
- Property Subtype: Multi-family
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 752
- Year Built: 2020
- Above Grade Finished Area: 752
- Building Name: Espadin
- Common Walls: End Unit
- Construction Materials: Frame, Stucco
- Levels: One
- Property Age: 3
- Roof: Rolled/Hot Mop
- House Style: Mid Rise (4-7)
- Architectural Style: Urban Contemporary
Utilities
- Sewer: Public Sewer
- Water Source: Private
