120 Triangle DrFort Collins, CO 80525

For Sale
$785,000

46-Unit Apartment Building, Development Ready

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 3.86-acre property at 120 Triangle Drive, Fort Collins, CO 80525, presents a prime multifamily development opportunity. Currently featuring a 46-unit apartment building, this site is zoned for Medium Density Mixed-Use Neighborhood District (M-M-N), offering significant potential for expansion or redevelopment. The asking price is $785,000, translating to an attractive price per unit of $20,108.70. Situated in the highly desirable College Avenue Corridor, this infill location boasts convenient access to Northern Colorado communities. The property benefits from existing off-site infrastructure, with water and sewer utilities already connected and paid for. Given the scarcity of development-ready sites in this area, this presents a rare chance to capitalize on the strong demand for housing in Fort Collins. The property's strategic location and zoning flexibility make it an ideal investment for developers seeking to create a thriving multifamily community. This is a truly exceptional opportunity to acquire a well-positioned asset with significant upside potential in a rapidly growing market. The property is ready for immediate development or can be utilized as a currently operating 46-unit apartment complex. Don't miss this chance to secure a piece of Fort Collins' vibrant real estate market.

Property Details for 120 Triangle Dr

Property type
Retirement homes, Multifamily properties
Lot Size (sq. ft)
168,142 SF
Units
46

Location Insight

City
Fort Collins
County
Larimer
State
Colorado
Latitude
40.486926
Longitude
-105.0779386
120 Triangle Dr, Fort Collins, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
120 Triangle Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message