Montana CommunitiesProperties2310 Shorthorn Avenue

2310 Shorthorn Avenue$3,350,000

Helena, MT

5.13 ACRES

$3,350,000

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Property Details

BIG PICTURE

LAND

5.13

ACRES

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!

PRICE

$3,350,000

FEATURES

    • MLS #: 30054439
    • Lot: 223,462.80 sqft
    • Land
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Listed By: Tyler D Warne, Coldwell Banker Commercial Green & Green