Denver Ground Up Development - video 1

🔺Ground Up – This is the first ground up development we have ever done.

We were able to acquire the land 30% below market 👍 and had the actual structure built inside of a factory in NE which lowered our price per square-foot-to-build to under $95 a foot which is unheard of. Despite that, the project has still been pretty challenging.

One of the big reasons we decided to do this project was due to its location which is in an area in Denver that is in a “Qualified Opportunity Zone”

If you want to learn more about Opportunity Zones and their insane tax benefits💵, check out the podcast I recorded with Chris Lopez last year on the Denver Real Estate Investing Podcast…..below is a tasty little teaser:

It is the first time that the IRS has approved taxable income from the sale of stocks or a company to be deferred and discounted by investing in real estate…the best part is that if you hold the investment for 10 years or more, the investor pays ZERO capital gains tax on the backend sale’s price.

If you want to invest in our deals located in O Zones, visit https://thevareco.com/landing/

To listen to the podcast, visit https://www.denverinvestmentrealestate.com/?s=podcast+terrance+doyle