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$ 989,000
Est. payment /mo
Active
TBD 144 Lots Gateway Drive Cortez, CO 81321
40 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Brandons Gate
MLS Listing ID 830234
Annual Tax Amount $12,500
Tax Year 2022
Lot Size 40.000 Acres
Acres 40.0
Property Sub-Type Multi-Family
Property Description
144 Deeded Building sites!! 83 townhome sites and 61 single family home sites. Over 40 acres of platted development grounds with 33 acres of deeded single family homes sites. The townhomes are ready to build with a paved road and all utilities in place at an estimated value of over 900k in improvements. The 61 single family home sites will need road and utility installation but have the main electric line in place. You can't beat this investment deal anywhere on the Western Slope! Amazing per lot price!! Cortez has a lot of upside and this long term investment is the gift that will keep on giving with trickle cash flow for years to come. Build all 145 units and WIN BIG in SW Colorado!
Location
State CO
County Montezuma
Rooms
Dining Room No
Building
Sewer Sewer Tap Available
Water Public
Schools
Elementary Schools Kemper K-5
Middle Schools Cortez 6-8
High Schools Montezuma-Cortez 9-12
Listed by 4 Corners Properties Inc.
NEARBY SCHOOLS & PROPERTIES