588 N Grand Falls Court

    Grand Junction, CO 81501
    • $250,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 20194758
    UPDATED: 73 min ago
    $250,000
    • 0
      BEDS
    • 1.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    N/A
    Type:
    Vacant Land / Lots

    School Information

    Middle School:
    High School:

    Description

    Looking to invest in townhouse development? This plot is in a prime location just off Patterson and 28 1/4 Rd. The views are spectacular and the numbers are sound. Land comes with site and building plans, and all civil engineering needed to develop and build! Owner has completed City application and responded to Round 1 comments. Current plans show 2 sets of 5 townhouses. Each set of 5 has an estimated build cost of $800k, plus an estimated development cost of $300k for the whole project. Together with the property purchase, that brings the total est. cost per unit to $215k. With a target price of $275k per townhouse, your profit could be over $55k per door! If you're interested, but not sure about solo development, seller would be open to partnering with you and bringing the project to completion together! All information deemed reliable but not guaranteed. Buyer to verify all info.

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    © 2019 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christi Reece Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christi Reece Group. Data last updated 2019-09-22T15:15:28.51 UTC.

    www.christireece.com/homes/98093942

    588 N Grand Falls Court Grand Junction, CO 81501

    • Price: $250,000
    • Status: Active
    • Updated: 73 min ago
    • MLS #: 20194758
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.26
    Acres
    Neighborhood:
    N/A
    Area:
    Grand Junction City
    Middle School:
    Bookcliff
    High School:
    Central
    Property Description
    Looking to invest in townhouse development? This plot is in a prime location just off Patterson and 28 1/4 Rd. The views are spectacular and the numbers are sound. Land comes with site and building plans, and all civil engineering needed to develop and build! Owner has completed City application and responded to Round 1 comments. Current plans show 2 sets of 5 townhouses. Each set of 5 has an estimated build cost of $800k, plus an estimated development cost of $300k for the whole project. Together with the property purchase, that brings the total est. cost per unit to $215k. With a target price of $275k per townhouse, your profit could be over $55k per door! If you're interested, but not sure about solo development, seller would be open to partnering with you and bringing the project to completion together! All information deemed reliable but not guaranteed. Buyer to verify all info.
    Exterior Features

    Approx Irrig Acres 0 Construction No Improvements Crops None Fence None Lot Description Irregular Lot Lot Size D: 1-1.99 Style None

    Interior Features

    Energy Features None

    Property Features

    Cic No Curbs And Gutters No CurbsNo Gutters Current Use Residential Electric Company Xcel Elevation 4583 Fronts S Gas Co Xcel Improvements None Irrig Water No Lot N/A Lot Dimensions Irregular Real Estate Incl Yes Rented Lot No Residence No Sewer Sewer Available Sewer Company City Of Gj Street Desc Access City/Town Tax Year 2018 Taxes 2012.37 Type Duplex/Multi-Lot Water Tap Available Water Company Ute Water Zoning Residential Vacant Lots

    Listing courtesy of Tammy Bendetti of Exp Realty, Llc.
    © 2019 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christi Reece Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christi Reece Group. Data last updated 2019-09-22T15:15:28.51 UTC.

     
    The Christi Reece Group
    128 N 5th St, Suite 1A
    Grand Junction CO, 81501