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1886 Hover Street
Longmont, 80501
FOR
SALE
$2,600,000
For Sale
1.37
Acres
MLS# IR1003745
Cumulative Days on Market: 63 (since February 23rd, 2024) Data provided by the MLS.

Property Details

Ready-to-Build! Permit and Construction ready. This 1.37 acre infill site is fully entitled and approved for a 3-story Mixed-Use / Multi-Family building. All site-planning and engineering processes completed 2023. Building plans and architectural drawings included. Designed as a single building (32, 935 SF) consisting of forty-six (46) 1-bedroom apartments, two (2) Studio apartments, and 7, 000 SF of ground-floor commercial office / retail space. Plans also include on-site laundry, on-site mgmt. office, EV charging, bike storage, additional tenant storage units, and more. Currently under architectural plan-review by City of Longmont. Building not subject to restrictions by the Longmont Affordable Housing Program, a fee-in-lieu option has been approved. This NW Longmont location is ideal for multi-family housing designed with the work-force community in mind. Site amenities include: west facing mountain views, walking distance to McIntosh Lake, lot abuts greenway trails, community parks, adjacent to grocery / retail / restaurants, public transportation, a great multi-modal location. Full development packet with site and architectural plans included in sale price. All planning, program design, and concept completed by Longmont area development team who are available to consult or engage on next phase of construction or project management. Local contractor available for construction phase. This 'shovel-ready' site presents a great investment opportunity shaving 2+ years off of the planning and development process. Contact us today for additional details and information.

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Property Highlights

Price
$2,600,000
Property Type
Land
Property Sub Type
Improved Land
Acres
1.37

Location

County
Boulder
Direction Faces
West
Subdivision
Hover Crossing
View
Mountain(s)
Zoning
MU-N

Property Details

Price
$2,600,000
Property Sub Type
Improved Land
Property Type
Land

Community

Local Schools

Elementary School
Longmont Estates
High School
Longmont
Middle School
Westview
School District
St. Vrain Valley RE-1J

Terms

Terms

Ownership
Individual
Special Terms
Cash, Conventional

Taxes

HOA

HOA Fee
1922.30

Heating, Cooling & Utilities

Utilities

Sewer
Public Sewer
Utilities
Electricity Available, Internet Access (Wired), Natural Gas Available
Water Source
Public

Lot

Acres
1.37
Lot Features
Ditch, Level, Open Space
Lot Size Area Sq Ft
59,660

Homeowner's Association

Has HOA
Yes
HOA Ammenities
Park, Trail(s)
HOA Fee Includes
Reserves
HOA Fee Period
Quarterly
Listed by Structure Group, 3037759529.
Listing Data last updated 04/25/2024 05:16 PM
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 27-Apr-2024 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2024 Buying Buddy. All calculations should be independantly verified.
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Property History

63 days ago
Property information last updated
63 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 63. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 04/25/2024 05:16 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 04/25/2024 05:16 PM
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Text: 720-441-3050