$525,000
$500,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 01/13/2020
Key Details
Sold Price $525,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Skyland
MLS Listing ID 3230010
Sold Date 01/13/20
HOA Y/N false
Originating Board REcolorado
Annual Tax Amount $2
Lot Size 6,969 Sqft
Acres 0.16
Property Description
BUILD READY. Plans for a luxury fourplex development on this lot are fully approved, and site is ready to build. All plans, reports and designs are included with the purchase of this lot. Please see attached offering memorandum for project details and financial information. Value after construction is $2.2M (sales comparison) or $2.3M (5 cap) as a multi-unit residential rental. This unique development features rooftop decks with unobstructed mountain views for every unit. Many comps in the area for price comparison.
Location
State CO
County Denver
Area Metro Denver
Zoning E-TH-2.5
Exterior
Waterfront false
Building
Faces East
New Construction false
Schools
School District Denver 1
Others
Senior Community false
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Bought with Search Colorado RE LLC
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”
201 Coffman Street # 1902, Longmont, Colorado, 80502, United States