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I-70 and Homestead Rd
Evergreen, CO 80439
188-Unit Development w/Water · Land For Sale
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17.70 AC
PROPERTY FACTS
DESCRIPTION
Only 25 minutes to Downtown Denver! Development plan approved for 188 Apartment units and 45,000SF of Commercial Space. Priced at about $20,000 per unit for land, water, and sewer all included. Utilities at property. Adjacent to Clear Creek County Middle and High School. This property is located in an area where obtaining a water augmentation plan is among the most difficult and expensive in the state. Over $1,200,000 was spent on it. And, it is INCLUDED in the asking price. Furthermore, because your own wells, water rights, and sewer will serve the development, there are NO WATER TAP FEES! Seven wells are on-site including two high capacity wells. Also included are 8 acre-feet of Vidler Tunnel water rights. Acquire the adjacent sewer plant for sewer. One of the few build-able multi-family parcels in the mountains this side of the Continental Divide with water available for the development. High Need for Housing to serve Black Hawk and Central City, yet only 25-minutes to Downtown Denver. On top of Floyd Hill (Beaver Brook), at the Southeast corner of I-70 and Homestead Rd (Exit 247). Only 15-minute drive to West Denver, 25-minutes to Downtown.
