ATTN DEVELOPERS! Here's an a multi-family development opportunity in Glenwood Springs with infrastructure improvements already completed! Approved for up to 29 townhomes (4 units on Lot 95 and 25 units on Lot 96). This is an established subdivision with strong local demand for moderately priced housing ideally positioned for the current market. Glenwood Springs Ordinance 20-2015 (attached in Documents) resolved certain issues that previously existed regarding developer obligations for community improvements associated with the final build-out of these lots and Cardiff Glen PUD. The ordinance provides for open space improvements on the subject parcels and for Grand River Park, a common area within the PUD, costs for which have been quantified and considered in the offering price.
Addendum: Glenwood Springs and the surrounding areas have been experiencing a growing shortage of moderately priced housing which has forced many potential buyers to rent for lack of alternatives. This has driven up rent costs to levels similar to what a buyer's would pay to own a completed townhome in this development. This is an outstanding opportunity to provide housing where demand is greatest.
† 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 TBD Crawford Way & Culver Circle Cardiff Glen, Glenwood Springs, CO
is currently for sale.
TBD Crawford Way & Culver Circle Cardiff Glen, Glenwood Springs is listed
If the property located at TBD Crawford Way & Culver Circle Cardiff Glen, Glenwood Springs, CO isn't what you're looking for,
Colorado real estate
to see other
houses for sale in Glenwood Springs.