$5,995,000
Basalt, CO 81621
MLS# 180888
1 / 3
Property Description
The Creekside Parcel has approved development rights in the Tree Farm PUD. Lot B 2 & 3. Permit and plans in ready to build 35 unit free market apartment complex. 42,737 sq ft buildable, 4 studio/one bath ,14 one bedroom/one bath, 15 two bedroom/2 bath, 2 three bedroom/ 2 bath units. Garage with 28 parking spaces and 30 storage units, 57 perimeter parking spaces. Opportunity to own apartment complex in exceptional mid valley location with enormous demand for housing and strong rental rates or provide housing for employees. See Documents for full package and disclosures. This for sale listing may be combined with the 3 other parcels to sell all 4 (B1, B2, B3, C1, A1-4) lots at a price of $14,875,000.
Details
Maps
Documents
Location Info
Current Price: $5,995,000
Type: Commercial Land
Major Area: Basalt
Area: 05-El Jebel
Original List Price: 7250000
Asking Price: 5995000
Street #: 201
Street Name: Tree Farm
Street Suffix: Drive
Address 2/Unit #: The Creekside
City/Town: Basalt
State/Province: CO
Postal Code: 81621
Keywords Info
Lot Size: 22,001 - 32000
Acreage: Refer to Lot Size
Listing Info
Listing Date: 2023-09-01
Short Sale: No
REO: No
Auction: No
Seller is licensed Realtor: No
Member Association: Aspen Association
General Info
List Price Per/Acre: 9827868
Sub/Loc: El Jebel
Legal: Tree Farm PUD Lots: 2 and 3
Lot SqFt: 26571
Nbr of Acres: 0.61
County: Eagle
Zoning: PUD
Number of Units: 34
PUD: Yes
Orig List Price Per/SF: 272.85
Asking Price Per/SF: 225.62
Parcel #: 246502216001
Directions: The Creekside is located in the Tree Farm Development. From Hwy 82, turn north on Willits Drive and then west on Tree Farm Drive. Parcel B-2 and 3 is the most down valley parcel.
Financing Info
Metro Tax District: Yes
Tax Year: 2023
Transfer Tax: Yes
HOA Dues Y/N: Yes
Association Fee Frequency: Quarterly
Status Change Info
Status: Active
Remarks
Public Remarks: The Creekside Parcel has approved development rights in the Tree Farm PUD. Lot B 2 & 3. Permit and plans in ready to build 35 unit free market apartment complex. 42,737 sq ft buildable, 4 studio/one bath ,14 one bedroom/one bath, 15 two bedroom/2 bath, 2 three bedroom/ 2 bath units. Garage with 28 parking spaces and 30 storage units, 57 perimeter parking spaces. Opportunity to own apartment complex in exceptional mid valley location with enormous demand for housing and strong rental rates or provide housing for employees.
See Documents for full package and disclosures. This for sale listing may be combined with the 3 other parcels to sell all 4 (B1, B2, B3, C1, A1-4) lots at a price of $14,875,000.
Property Features
Allowable Uses: Income; Multi-Family Res
Access: Paved
Sanitation: Sewer
Possible Use: Apartment; Multi-Family
Lot Description: Flat; View
Lot Improvements: Curbs; Sidewalks; Street Lights; Street Paved
Disclosures: Other
Sign: Yes
Showing Instructions: Call Listing Office
Creekside Brochure 
Listing Office: ENGEL & VOLKERS
Last Updated: March - 07 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.
Broker Attribution:
(970) 925-8400