On the positioning of an previous West Colfax automotive wash, behind a lined fence, you’ll discover a transport container — not a worn and well-traveled container, however a tropical-colored one. Quickly there might be extra of them — and you can stay in a single.

Kevin J. Beaty/Denverite

Stackhouse is a startup housing and actual property mission set to open its doorways in August 2022, however as a substitute of typical flats, the models are stackable and moveable transport containers.

“We’re the primary firm to construct vertical infrastructure for moveable containers,” mentioned co-founder and CEO Janelle Briggs. “Our purpose is so as to add a brand new column of possession to the housing market… and construct our vertical communities across the nation so of us can purchase one container residence after which ship it the place they want or need it to be.”

Denver is the primary cease on Stackhouse’s trek to construct no less than 25 different complexes throughout the U.S. over the subsequent 5 years.

Inside a model Stackhouse home in a parking lot along West Colfax. Sept. 15, 2021.

Kevin J. Beaty/Denverite

So, what’s a Stackhouse?

The containers are 320-square-foot models that match inside a 40-foot transport container. Stackhouse is providing three flooring plans: a studio, a one-bedroom and a one-bedroom flex that features a smaller house that can be utilized as an workplace or a nursery, in line with Briggs.

The advanced on Colfax might be eight tales excessive with 62 complete slots for container properties. Briggs mentioned 40 of the slots are on the market, whereas the opposite 22 might be used for individuals who wish to check the house out.

Every container has a full kitchen, photo voltaic panels and a rest room with a Japanese-style soaking tub.

“We’re constructing actually nice properties for folk who have to stay downtown,” Briggs mentioned. “Certain, this home is 320 sq. toes and that’s too small, however I’ve all the things I need on this home. I play fetch with my canine in the home. This location is superb.”

Ryan Egan shows a rendering of the future Stackhouse structure that may replace a West Colfax car wash. Sept. 15, 2021.

Kevin J. Beaty/Denverite

The container value ranges from $110,000 to $130,000. Then, there’s the slot value which ranges from $200,000 for a floor unit to $350,000 for an higher flooring. Briggs mentioned the slot costs are much like a co-op price. Homeowners will buy a share of the co-op, thus proudly owning their spot within the advanced and receiving a share of the co-op fairness.

Stackhouse doesn’t enable for Airbnb or different short-term leases. Briggs mentioned all of the co-op areas have to be owner-occupied.

In complete, a container plus the slot will price you between $310,000 to $480,000.

As compared, the median closing value for an connected residential residence, i.e. condominiums, in Denver was $375,000 in August, in line with the Denver Metro Affiliation of Realtors. The common closing value was $437,000.

Janelle Briggs and Ryan Egan stand inside a model Stackhouse home in a parking lot along West Colfax. Sept. 15, 2021.

Kevin J. Beaty/Denverite

The thought of Stackhouse started in 2017 and stemmed from Briggs’ companion, co-founder and COO Ryan Egan.

Egan, who has labored in each business and residential actual property, mentioned he was motivated to create an “city housing various” based mostly on his personal expertise in San Francisco, trying to construct conventional condominiums.

“It was irritating,” Egan mentioned. “So, I attempted to determine a approach to construct housing that adopted all the guidelines, so I can construct quick and Stackhouse was that resolution.”

Briggs mentioned Stackhouse creates housing density at a quick tempo, including that container producer RoxBox can construct a house in a day.

Initially the containers had been marketed as inexpensive, costing about $45,000 for the container, however Egan mentioned the inexpensive numbers are not possible.

The bathroom inside a model Stackhouse home in a parking lot along West Colfax. Sept. 15, 2021.

Kevin J. Beaty/Denverite

“[Affordability] was the unique intent and it stays our long-term imaginative and prescient,” Egan mentioned. “However we’re operating up towards actual world issues that make that very troublesome. Anytime you attempt to do one thing new the banks ask you what your comps are and Stackhouse has by no means been accomplished earlier than, so our financing is exceedingly costly.”

Egan provides that whereas container properties exist already, the mannequin of stacking them to create housing density doesn’t, so with the advanced being “so revolutionary, Stackhouse doesn’t qualify for a single authorities help program.”

Stackhouse’s lack of presidency help and the present zoning for the lot additionally means they aren’t required to offer inexpensive models. Stackhouse didn’t have to ask for a zoning change, thus the sale didn’t have to undergo metropolis council or by way of native registered neighborhood associations.

A solar battery system Inside a model Stackhouse home in a parking lot along West Colfax. Sept. 15, 2021.

Kevin J. Beaty/Denverite

Stackhouse’s affordability additionally got here up throughout a latest tour of District 3 with Councilwoman Jamie Torres. Torres talked about the Stackhouse mission and mentioned whereas the thought is revolutionary, she worries concerning the West Colfax neighborhood already experiencing gentrification and displacement.

Egan mentioned he hopes that sooner or later the costs can lower as demand will increase.

“Our hope is that we’re capable of observe the Tesla mannequin as in doing a barely costlier model first,” Egan mentioned. “All of us took very fundamental economics, the extra of one thing there may be the much less worthwhile it turns into… persons are skeptical… and that’s a part of why innovation in housing is so troublesome.”

The worth isn’t scaring would-be consumers. Briggs mentioned they’ve obtained over 2,000 functions for the models. She additionally added that unit excursions can be found. The appliance deadline is October 15 and afterward, Stackhouse will randomly choose consumers, requiring a $2,500 down fee.

Inside a model Stackhouse home in a parking lot along West Colfax. Sept. 15, 2021.

Kevin J. Beaty/Denverite

“Our long-term purpose is to ensure that everybody who wants housing has it,” Briggs mentioned. “By constructing extra quicker, we will appropriate the market. There’s no purpose to have a housing scarcity. Stackhouse follows the code and we will construct dense and fast and that’s a method we will remedy the housing disaster.”