$120,999
$136,960
11.7%For more information regarding the value of a property, please contact us for a free consultation.
5,227 Sqft Lot
SOLD DATE : 04/22/2022
Key Details
Sold Price $120,999
Property Type Vacant Land
Sub Type Improved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Georgetown
MLS Listing ID 2424431
Sold Date 04/22/22
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $634
Tax Year 2020
Lot Size 5,227 Sqft
Acres 0.12
Property Description
This lot is part of a portfolio sale including 1 other lot (see listing # 2424431) they have to be bought/sold together. This lot adjoins the other lot which is .19 acres. Being zoned multifamily, subject to design, its expected approximately 12+ - apartment units can be built on this lot combined with the adjacent lot (for sale part of portfolio), Townhouses (or condos) 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. There is also an off-market opportunity to buy an additional approx 1/2 acres adjacent to the subject parcels (discuss with agent). The combined price of the subject 2 lots is $373,529.
Location
State CO
County Clear Creek
Zoning Multifamily
Interior
Fireplace N
Exterior
Garage No
Building
Lot Description Sloped
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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