TBD 6700 Road, Montrose, CO 81401
Local realty services provided by:CENTURY 21 CapRock Real Estate
TBD 6700 Road,Montrose, CO 81401
$27,000,000
- - Beds
- - Baths
- 90,000 sq. ft.
- Multi-family
- New
Listed by: debra harmon
Office: 20 sleeps west real estate970-901-5131
MLS#:840019
Source:CO_CREN
Price summary
- Price:$27,000,000
- Price per sq. ft.:$300
About this home
RARE $27 MILLION OPPORTUNITY ZONE MULTIFAMILY INVESTMENT — 96 PROPOSED RESIDENTIAL UNITS IN MONTROSE, COLORADO! An exceptional opportunity for qualified investors, developers, and investment groups seeking a substantial new-construction multifamily development within a currently designated Qualified Opportunity Zone. This TO-BE-BUILT residential community proposes approximately 90,000 square feet encompassing 96 apartments, including 24 one-bedroom units, 48 two-bedroom/two-bath units, and 24 three-bedroom/two-bath units. Planned features include stainless-steel appliances, in-unit washers and dryers, natural-gas heating, central air conditioning, private decks, individually metered utilities, and carport parking. Strategically positioned on a highly visible corner site across from an elementary school and conveniently located near downtown Montrose, this development offers the potential for long-term residential rental income, operational efficiencies, and asset appreciation. Of particular interest is the property's current Opportunity Zone location, which may provide significant federal capital-gains tax advantages for eligible investors through a properly structured qualifying investment. An outstanding opportunity to explore the development of a sizable multifamily asset in Western Colorado's regional hub. Offered at $27,000,000. TO BE BUILT. Development details and Opportunity Zone tax eligibility are subject to verification. Contact the listing broker for additional information....
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Home facts
- Year built:2027
- Subdivision & Development:Other
- Listing ID #:840019
- Added:1 day(s) ago
- Updated:October 27, 2026 at 03:30 PM
Rooms and interior
- Living area:90,000 sq. ft.
Structure and exterior
- Year built:2027
- Building area:90,000 sq. ft.
- Lot area:13.33 Acres
Schools
- High school:Montrose 9-12
- Middle school:Centennial 6-8
- Elementary school:Johnson K-5
Finances and disclosures
- Price:$27,000,000
- Price per sq. ft.:$300
Features and amenities
- Amenities:Unfurnished
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