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$ 3,350,000
Est. payment | /mo
5.13 Acres Lot
$ 3,350,000
Est. payment | /mo
5.13 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Burnham Ranch
MLS Listing ID 30054439
HOA Y/N No
Annual Tax Amount $22,151
Tax Year 2024
Lot Size 5.130 Acres
Acres 5.13
Property Sub-Type Multi Family
Property Description
Multifamily development land entitled for 63 condo units. Infrastructure plans have been approved by the city, and building plans are in place. The current development plan is for 21 garden-style triplexes. Each unit features two bedrooms, a single-car garage, and in-unit washer and dryer. The units are nearly identical in layout and size, with the exception of an extra half bath and balcony in the center units. The location is perfect for residents; Costco is just across the street, employment is a quick drive away, and access to the site is easy and convenient. The seller has already constructed 12 units on the adjacent parcel, which are fully leased. The condo structure offers flexibility - you can hold and lease, sell units individually, sell the project as a whole, or a mix. Helena continues to face a strong demand for housing. This project is fully teed up and ready to build!
Location
State MT
County Lewis And Clark
Zoning B-2
Interior
Fireplace No
Building
Lot Description Level
Others
Senior Community No
Tax ID 05188816303150000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Coldwell Banker Commercial Green & Green