0 W 25th St

0 W 25th St, Seibert, CO 80834
Vacant Land for Sale
0 W 25th St
Catylist Listing ID: 30199516
Gross Land Area: 6.58 Acres
Sale Price: $1,495,000
Unit Price: $227,203 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/9/2018

Overview / Comments

The Longsview Townhomes is conveniently located in west Greeley off of Highway 34 near the Centerplace retail power center. The site is zoned R-H – High Density Residential, which allows for residential development ranging from 10 to 20 units per acre. The original developer completed 36 of the platted units, with 64 units remaining to be developed in 14 platted building envelopes. The remaining units are arranged in both 4-plex and 6-plex buildings, all with garages tucked under the units. The project features a completed clubhouse with tennis court, pool and neighborhood park and playground area. All horizontal infrastructure has been completed, with utilities, streets, curb and gutter in place throughout the development. All raw water has been dedicated to the City of Greeley and the building pads are ready for permitting and construction. This is an opportunity for a developer to either pick up the previous building plans and complete the remaining buildings in accordance with the original development plan, or to reimagine the balance of the project with an opportunity to potentially increase density. The 25th Street corridor has become a regional hub of retail and residential development. Creative financing structures may be available with the Seller, who owns the site without existing debt.

Additional Details

Nearest MSA: Undisclosed
County: Kit Carson
Tax ID/APN: 095914420002


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