Freestone Promontory
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Freestone Promontory
Greeley, CO
Available
- Property Type: Development/Land
- Property Size: / 24.73 Acres
- Price: $11,500,000
Overview
Capstone is pleased to present Freestone Promontory, a 306-unit project that's platted, fully permitted, and delivered shovel-ready to Buyer located in Greeley, CO.
Investment Highlights
- 306-unit project that's platted, fully permitted, and delivered shovel-ready to Buyer
- Reduced cash-in-lieu of raw water fee that runs within the land
- Last remaining multifamily-zoned site within master development
- Includes excess land that can support 120-unit "Phase II" under reduced water fee agreement, providing additional upside for Buyer
- Best-in-class amenity package including resort style pool, hot tub, cabana, two dog parks, gym, business center, dog wash, and more
- Weld County Reorganized School District No. Re-4 ranked top 15% in Colorado
- Easy access to I-25, downtown Greeley, and University of Northern Colorado
- Demographics that can support $2,750+ monthly rents: $96k median/$113k avg household income within 3-miles
Contact Information
Taylor Burns
Investment Sales Advisor
P: 303.842.4278
O: 800.746.3175 ext. 7068
tburns@capstone-companies.com
O: 800.746.3175 ext. 7068
tburns@capstone-companies.com
