Federal Heights Homes for Sale

ROTH PARK CONDOMINIUMS IS A 119 UNIT PUD ON 4.7932 A WITH 76 UNITS COMPLETED IN PHASES 1, 2, 3 & 4. THE REMAINING PHASE (SUBJECT PROPERTY)IS APPROVED FOR 43 UNITS & INCLUDES 2 PRIME BUILDING SITES ABUTTING THE SOUTH SIDE OF ROTH PARK OPEN SPACE. SITES ARE FULLY ENTITLED & BUILD READY. PER FEDERAL HEIGHTS PLANNING DEPT, PERMIT CAN BE PULLED IMMEDIATELY. THE 2 SITES INCLUDE 2.0129 A WITH WATER & SEWER INFRASTRUCTURE INSTALLED. CONSIDERABLE AMOUNTS OF WESTMINSTER WATER TAP FEES ARE SATISFIED. PLANNING DEPT ESTIMATES REMAINING WATER COST AT APPROX. $11,300/UNIT. APPROX 55 PAVED PARKING SPACES APPLICABLE FOR PROPOSED BLDGS B & C. RETENTION POND FOR PUD DEVELOPMENT ON THIS TRACT & IS OPERATIONAL. APPROVED BUILDING ENVELOPES FOR BLDG B & C REPRESENT APPROX 1250 SQ FT PER UNIT. ELEVATION & FLOOR DESIGN CAN BE CHANGED. SUITABLE INVESTMENT FOR BUILD & HOLD RENTAL UNITS. RENTS IN ROTH PARK CONDOMINIUMS ARE VERY STRONG--REPORTEDLY UP TO $1,000/MO PER UNIT

Roth Park Condominiums is a 119 unit PUD on 4.7932 A with 76 units completed in phases 1-4. Remaining phase 5 (subject property) is approved for 43 units & includes 2 prime building sites abutting south side of Roth Park open space. Sites fully entitled & build ready. Water & sewer infrastructure installed + considerable amount of water tap fee satisfied. Approx 55 paved parking spaces on site. Approved building envelopes. Suitable investment for build & hold rental units. Rents approx $1,000.

Deal fell through,due to buyer's financing... Huge price drop!! Lots of space for the money, come look and make us an offer. Buyer to verify sq. footage due to addition much larger then public records.

Own for less than renting!! Well kept 3bed/2bath home for under $130k. Home has open floor plan and large back yard. Great access to I-25 and Boulder Turnpike, only minutes from downtown.

Ideally-located development site with four different parcels. City of Federal Heights is encouraging a rezoning of the property. Current zoning is C-1 and R4 and city would like to see mix of retail, office and/or multi-family. Topography is flat and site is irregular in shape. Traffic counts on Federal Blvd are 35,543 cars per day with over 120,000 households in a five-mile radius. Water taps not installed on most of the parcels, but two have mobile homes on them which will be removed by Seller. Two different owners so contact Agent prior to writing an offer.

Good visibility & reasonable traffic speeds. Easy access to I-25. Considered the "Main Street" of Federal Heights. Future City plans to create a boulevard with new median & decorative elements. Good potential uses include small scale retail services, medical, dental, day care, preschool, restaurant, bank, church, & gas station. Traffic counts of 28,000 VPD. Also available for lease. Owner financing available with $80,000 down.

MIXED USE PUD OR MULTIFAMILY PUD DEVELOPMENT POTENTIAL. GOOD 92ND AVENUE FRONTAGE AND ACCESS. ALL UTILITIES TO SITE. MOTIVATED SELLER.