50% PRICE REDUCTION OPPORTUNITY OF THE YEAR! This represents an exceptional opportunity for development and investment at less than $3,250 per unit known as The Enclave and The Cottages of Aspen Village. Move forward with development or hold for the future. Very strong demand for smaller SFR and townhomes. This project is ready to go! Own these 49 single family lots within The Cottages, configured within four cul-de-sacs and a nearly 3.14 acre townhome tract (The Enclave) just approved for increased density with an R-22 designation permitting 69 units for a total of 118 units. Utilities in, some roads completed and paved. Both properties are ideally situated within Aspen Village Development adjacent to Alpha, which is close to WalMart, City Market Center, the Pagosa Golf Club, and the Town to Pagosa Lakes Trail System. The Enclave presents a successful townhome development with good quality existing construction, you will not find a more shovel-ready project in our area. This opportunity can be phased in, or you may choose to develop a portion and sell or trade off sections. Wet and dry infrastructure is installed, including fire hydrants and storm drains, roads are roughed in. The Cottages are contained along four cul-de-sac streets with most of the wet and dry infrastructure in place. The dry utilities are not in place for Chokecherry Lane and Little Pine Lane, (see site plans.) All the fire hydrants for the subdivision are installed.
|Days On Site||275|
|Zoning||Residential Multi Family|
|Date||Sales||Avg $ Per SqFt||Min Sale Price||Max Sale Price||Med Sale Price|
|Date: May 2018||Sales: 2||Avg $ Per SqFt: $148.96||Min Sale Price: $175,000||Max Sale Price: $265,000||Med Sale Price: $220,000|
|Avg $ Per SqFt:||$148.96|
|Min Sale Price:||$175,000|
|Max Sale Price:||$265,000|
|Med Sale Price:||$220,000|
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