$225,000
$261,470
13.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 02/25/2022
Key Details
Sold Price $225,000
Property Type Vacant Land
Sub Type Improved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Georgetown
MLS Listing ID 2473103
Sold Date 02/25/22
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $702
Tax Year 2020
Acres 0.21
Property Description
This lot is part of a portfolio sale including 2 other lots. The Seller might consider selling the lots individually, subject to terms. This lot is separated from the other lots by an easement, that Georgetown is open to having moved. .Being zoned multifamily, subject to design, its expected approximately 15-18 apartment units can be built with the 3 lots together. There is also an opportunity for another adjacent off-market purchase to expand the land (discuss with agent). Townhouses would be another good development concept. There is very strong demand for both product types, and this is a great small builder/developer project size. The adjacent recently built 10-unit apt bldg leased up immediately, and recently sold for $274 per Sq. Ft.
Location
State CO
County Clear Creek
Zoning Multifamily
Interior
Fireplace N
Exterior
Garage No
Building
Lot Description Level
Sewer Community Sewer, Public Sewer
Water Public
Schools
School District Clear Creek Re-1
Others
Ownership Corporation/Trust
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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