Georgetown, CO 80444,1200 Griffith
Georgetown, CO 80444,1200 Griffith
Georgetown, CO 80444,1200 Griffith
Georgetown, CO 80444,1200 Griffith
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$225,000

$261,470

13.9%
Est.Price: ?

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Est. payment /mo

9,147 Sqft Lot


SOLD DATE : 02/25/2022

Key Details

Sold Price $225,000

Property Type Vacant Land

Sub Type Improved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Georgetown

MLS Listing ID 2473103

Sold Date 02/25/22

HOA Y/N No

Originating Board recolorado

Annual Tax Amount $702

Tax Year 2020

Lot Size 9,147 Sqft

Acres 0.21

Property Description

This lot is part of a portfolio sale including 2 other lots. The Seller might consider selling the lots individually, subject to terms. This lot is separated from the other lots by an easement, that Georgetown is open to having moved. .Being zoned multifamily, subject to design, its expected approximately 15-18 apartment units can be built with the 3 lots together. There is also an opportunity for another adjacent off-market purchase to expand the land (discuss with agent). Townhouses would be another good development concept. There is very strong demand for both product types, and this is a great small builder/developer project size. The adjacent recently built 10-unit apt bldg leased up immediately, and recently sold for $274 per Sq. Ft.

Location

State CO

County Clear Creek

Zoning Multifamily

Interior

Fireplace N

Exterior

Garage No

Building

Lot Description Level

Sewer Community Sewer, Public Sewer

Water Public

Schools

School District Clear Creek Re-1

Others

Ownership Corporation/Trust

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Tyler Donegan Duncan Real Estate Services, Inc.
Bought with Tyler Donegan Duncan Real Estate Services, Inc.

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Matt Thomas

Consultant | Broker Associate | FA100030130

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