Positioned atop Espadín, LoHi’s only condominium hotel, Residence 503 presents a rare opportunity to own a penthouse serving as both a private residence and income-producing asset. Unlike a traditional condominium, ownership allows you to enjoy the home whenever desired while benefiting from managed short-term rental income that has historically netted approximately $50,000 annually. Developed as a first-of-its-kind concept in Denver, Espadín merges hospitality, architecture, and sustainable living under one roof. LEED Platinum certified and designed for urban living, the building occupies a coveted position in the heart of LoHi, moments from Denver’s celebrated restaurants and entertainment destinations. Inside, floor-to-ceiling glass frames views of the Denver skyline and Front Range. Natural light fills the residence from morning to sunset, highlighting refined finishes and contemporary detailing. The open-plan living space flows into a sleek kitchen and private balcony, creating an ideal setting for daily living and hosting guests. Above, a private rooftop terrace extends living outdoors. Complete with a built-in grill and fire pit, it serves as an elevated retreat for sunset dinners, quiet mornings, and evenings overlooking city lights. The flexible floor plan maximizes owner enjoyment and rental performance. The primary suite accommodates multiple sleeping arrangements, while the secondary bedroom and two baths allow the home to comfortably host larger groups. For owners seeking a hands-off experience, JZ Management provides concierge-style hospitality services, handling bookings, guest communication, cleaning, maintenance coordination, and day-to-day operations. The result is income potential without the demands of managing a short-term rental. Offered fully furnished and potentially including existing reservations, Residence 503 is a turnkey opportunity in one of Denver’s most sought-after neighborhoods—a luxury penthouse that pays you to own it.

Source: REColorado MLS, MLS#: 2790998