This is a perfect opportunity for a 'hold then build' type investor, or a builder that's ready to do a multifamily project that starts slow and builds as the units sell. Most local multi-family parcels are much larger-this is a more reasonable size. City of Montrose has given a verbal ok to 17 or 18 units-making the price per door of only 15k! The price has been lowered now substantially and it has become attractive to buyers as a single family homesite--1.75 acres in town with irrigation water--great views. Call agent for more information and to walk the property.
Listed by Todd Schroedel of United Country Sneffels Realty
DirectionsSouth on Townsend to Odelle.(Corner with Denny's, City Market and McDonalds). Go east on Odelle until you hit the Bridges at Black Canyon. Property is on your right
