5495 W 60th Avenue, Arvada
$4,800,000
We are pleased to present this 2.55 Acre parcel located in an excellent location in the heart of Arvada. Adjacent to the Gold Strike Light Rail Station at 60th & Sheridan, this development is currently in permitting for 40 Townhome units. These units have been efficiently designed to appeal to buyers' wants and needs while also maximizing the builders potential profitability. This site location provides easy access to Sheridan, I-76, I-70. Proximity to light rail is attractive to future buyers as well as the developer who will have decreased affordable housing fees with the City of Arvada because of the proximity within .5 miles of a light rail station.
This parcel is directly adjacent to the east of a recently successfully developed multi-family residential project that is completely sold out. Comps here point at a potential resale value of $350 PSF or more for these townhomes.
This project is still currently in the entitlement process with permits expected mid-summer. To view the Offering Memorandum please go to this website:https://ulxcommercial.com/ArvadaLand/
Real Broker LLC.
Cable Available, Electricity Available, Natural Gas Available
Real Broker LLC
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Listing information last updated on April 27th, 2024 at 12:33am MDT.
