Ilya Klein - Broker Cherry Creek N. Drive, Suite 575, Denver, CO 80209
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- Jasper Simmons
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1 17.7 Acres allowing 188-Unit Multi-Family Development 25 Minutes to Downtown Denver Water Rights, Augmentation Plan, and Wells Included Sewer Plant can be Purchased Separately Adjacent Sewer Plant Can Be Purchased to Provide Sewer for the Development Over $1,200,000 spent on the Water Augmentation Plan No Water Tap Fees: 7 Existing Wells, 8 Acre-Feet of Vidler Tunnel Water Rights Tranquil Mountain Location Yet 25 Minutes to Downtown Denver Billboard Income - $2,700/yr Easy Walking Distance to Schools High Need for Housing to Serve Black Hawk and Central City
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3 High Traffic Counts on I-70: >43,000 Vehicles per Day* 14 Miles to Denver West / 25 Miles to Downtown Denver / 49 Miles to DIA 31 Miles to Loveland Ski Area / 12 Miles to Black Hawk *Information provided by Denver Regional Council of Governments Regional Traffic Counts
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5 Seven (7) Wells on Site: Two (2) are High Capacity Integral part of the approved Water Augmentation Plan, in conjunction with the Vidler Tunnel Water Rights and the on-site Pond. LEFT High Capacity Well 6 Steel Casing North Side of Pond BELOW High Capacity Well 8 Steel Casing East Side of Pond ABOVE 8 Steel Casing North Side of Pond RIGHT 6 Open Casing North Side of Pond
6 Excellent exposure and easy on/off access to I-70. Convenient to both the City and the Mountain recreation areas. Idyllic mountain setting. Seven wells on-site including two high capacity wells, a pond, and the purchase of 8 acre feet of Vidler Tunnel water rights has been secured. Development plan approved for 188 Apartment units and 45,000SF of Commercial Space. Asking price of $1,900,000 equates to just $10,106 per approved apartment unit. Utilities at property. Adjacent to Clear Creek County Middle School 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 obtaining this particular water augmentation plan with its water rights. And, it is INCLUDED in the asking price. Furthermore, because your own wells, water rights, and the water augmentation plan will serve to provide water to the development, there are NO WATER TAP FEES! Sewer Plant can be purchased separately. One of the few build-able multi-family parcels in the mountains this side of the Continental Divide with water available for the development. Excellent opportunity for an experienced developer and builder. Offered at $1,900,000 The information contained herein (on this page and included pages) has been obtained through sources deemed reliable but cannot be guaranteed or relied upon as to its accuracy. Any information of interest should be verified by you through independent sources. All measurements and calculations are approximate. This property may be no longer available for sale or lease or may be withdrawn, its offering price changed, or leased or sold to another party at any time and without notice. NOTE: Ilya Klein, who is Broker of Novel Commercial, is also the president of the company who is the Seller. Please do not provide any information you deem private or confidential.
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