Geof Schlittgen, Horizon Properties, C: 970-759-3702, firstname.lastname@example.org, http://horizondurango.com/: This property presents a very unique development opportunity. It is currently comprised of 3 commercial lots. Approvals have been secured from the county to consolidate the 3 lots into 2 and develop 1 lot into a boutique hotel of 37 units and the other lot into 2 structures of 10,000 sq ft each subdivided into condominium office/retail/restaurant structures. Based upon further study it is the owners intent to exchange most of the approved retail office for more hotel rooms i.e. 60 rooms. Preliminary discussions with County Planners and Commissioners are positive.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
located at 275 Cr 252, Durango, CO
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