USACOMontroseOtherTbd 6700 Rd
TBD 6700 Rd | Image 1
New

$27,000,000

For Sale

8 hours ago

TBD 6700 Rd, Montrose, CO

House

MLS® 840019

0 Bed

0 Bath

90000 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 90000 sqft
Garage 
Taxes 
Days Active 3
Lot Size 13.33 Acres
Approx. Age 2027
Avg. Price Per Sqft $300
MLS® Number 840019

Property Address: TBD 6700 Rd, Montrose, CO, 81401

Average square foot calculated using Size range provided by listing agent.

Description

RARE $27 MILLION OPPORTUNITY ZONE MULTIFAMILY INVESTMENT — 96 PROPOSED RESIDENTIAL UNITS IN MONTROSE, COLORADO! An exceptional opportunity for qualified investors, developers, and investment groups seeking a substantial new-construction multifamily development within a currently designated Qualified Opportunity Zone. This TO-BE-BUILT residential community proposes approximately 90, 000 square feet encompassing 96 apartments, including 24 one-bedroom units, 48 two-bedroom/two-bath units, and 24 three-bedroom/two-bath units. Planned features include stainless-steel appliances, in-unit washers and dryers, natural-gas heating, central air conditioning, private decks, individually metered utilities, and carport parking. Strategically positioned on a highly visible corner site across from an elementary school and conveniently located near downtown Montrose, this development offers the potential for long-term residential rental income, operational efficiencies, and asset appreciation. Of particular interest is the property's current Opportunity Zone location, which may provide significant federal capital-gains tax advantages for eligible investors through a properly structured qualifying investment. An outstanding opportunity to explore the development of a sizable multifamily asset in Western Colorado's regional hub. Offered at $27, 000, 000. TO BE BUILT. Development details and Opportunity Zone tax eligibility are subject to verification. Contact the listing broker for additional information.
MLS® Number840019
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2027
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 27, 2026List Date
$27,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
TBD 6700 Rd, Montrose, CO

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