Tbd 144 Lots Gateway Drive, Cortez, CO 81321

$989,000

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Listing courtesy of 4 Corners Properties Inc..

List Price
$989,000
MLS#
830234
Type
Multifamily
Acres
40
Elementary School
Kemper K-5
Middle School
Cortez 6-8
High School
Montezuma-Cortez 9-12
County
Montezuma
Region
Cortez
Zip
81321
City
Cortez
Subdivision
Brandons Gate

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!

Additional Information

Water Supplier
Public
HOA Name
Brandons Gate

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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