201 E. HARMONY ROAD

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201 E. Harmony Road / Fort Collins, Colorado 80525 / phone +1 970 267 7720 / cushmanwakefield.com This hard to find multi-family site is located on the corner of Harmony Road & S College Avenue in Fort Collins, one of the busiest intersections in Fort Collins. The site is approved for 116 units of density. Within the Harmony Corridor, this project will benefit from surrounding retail, restaurants, employments, schools, and recreations as well as convenient access to Fort Collins’ trail system. Please contact the listing broker for the full due diligence package including previous design and engineering plans. PROPERTY FEATURES MULTI-FAMILY DEVELOPMENT OPPORTUNITY SALE PRICE $3,500,000 LAND SIZE ±4.408 Acres BUILDABLE AREA ±4.074 Acres ZONING Fort Collins – Harmony Corridor (LINK TO ZONING CODE) DENSITY Approved for 116 Units E. Harmony Rd. E. Harmony Rd. Warren Lake Warren Lake E. Boardwalk Dr. E. Boardwalk Dr. S. College Ave. S. College Ave. Mail Mail Creek Creek Mason Mason Bike Trail Bike Trail SUBJECT PROPERTY AVAILABLE FOR SALE 201 E. HARMONY ROAD FORT COLLINS, COLORADO 80525

Transcript of 201 E. HARMONY ROAD

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201 E. Harmony Road / Fort Collins, Colorado 80525 / phone +1 970 267 7720 / cushmanwakefield.com

This hard to find multi-family site is located on the corner of Harmony Road & S College Avenue in Fort Collins, one of the busiest intersections in Fort Collins. The site is approved for 116 units of density. Within the Harmony Corridor, this project will benefit from surrounding retail, restaurants, employments, schools, and recreations as well as convenient access to Fort Collins’ trail system. Please contact the listing broker for the full due diligence package including previous design and engineering plans.

PROPERTY FEATURES

MULTI-FAMILY DEVELOPMENT OPPORTUNITY

SALE PRICE $3,500,000

LAND SIZE ±4.408 Acres

BUILDABLE AREA ±4.074 Acres

ZONING Fort Collins – Harmony Corridor (LINK TO ZONING CODE)

DENSITY Approved for 116 Units

E. Harmony Rd.E. Harmony Rd.

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Mason Mason Bike TrailBike Trail

SUBJECTPROPERTY

AVAILABLE FOR SALE

201 E. HARMONY ROADFORT COLLINS, COLORADO 80525

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AVAILABLE FOR SALE MULTIFAMILY DEVELOPMENT OPPORTUNITY

201 E. Harmony Road / Fort Collins, Colorado 80525 / phone +1 970 267 7720 / cushmanwakefield.com

Full Due Diligence Documents with Design Plans Available on Request

201 E. Harmony Road / Fort Collins, Colorado 80525 / phone +1 970 267 7720 / cushmanwakefield.com

DEVELOPMENT DETAILS

WATER DISTRICT Fort Collins-Loveland

SEWER DISTRICT South Fort Collins Sanitation

ELECTRIC City of Fort Collins

GAS Xcel Energy

SCHOOL DISTRICT Poudre School District

CURRENT MILL LEVY 95.564

BUILDING PERMIT FEE SCHEDULE Click Here

WATER REQUIREMENTS Click Here

CAPITAL EXPANSION FEES Click Here

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SITE DATA UNIT TYPE QTY. 1 BEDROOM 2 BEDROOM

54 (54 BEDS) 60 (120 BEDS) 116 (174 BEDS) TOTAL

DENSITY 4.408 ACRE SITE 114 DWELLING UNITS 25.86 DU/ACRE

PARKING REQUIRED: 186 SPACES PROPOSED: +/- 199 SPACES

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201 E. HARMONY ROAD FORT COLLINS, COLORADO 80525 cushmanwakefield.com

CITY OF FORT COLLINSAREA HIGHLIGHTSFort Collins, one of the healthiest cities in the U.S., boasts award winning schools, beautiful outdoor facilities, and a flourishing arts scene. Additionally, residents can visit any of the unique breweries, shops and restaurants located in the area.

The Fort Collins economy has a mix of manufacturing and service-related businesses. Many high-tech companies have relocated to Fort Collins because of the resources of Colorado State University and its research facilities.

Fort Collins is also home to many small businesses and entrepreneurial ventures. The Larimer Small Business Development Center helps small businesses in the area get started and become profitable while the Northern Colorado Economic Alliance attracts business while stimulating relevant economic opportunity and job growth for the region.

Other factors that attribute to the entrepreneurial climate of Fort Collins are Colorado State University’s College of Business and its Institute for Entrepreneurship Center and the Rocky Mountain Innosphere, helping new clean energy, technology, and scientific startup companies get started.

MSA DEMOGRAPHIC HIGHLIGHTS

• As of 2019 the region’s population increased by 10.1% since 2014, growing by 32,583. Population is expected to increase by 6.3% between 2019 and 2024, adding 22,497.

• From 2014 to 2019, jobs increased by 15.5% in Fort Collins, CO from 163,088 to 188,291. This change outpaced the national growth rate of 7.3% by 8.2%. As the number of jobs increased, the labor force participation rate increased from 66.8% to 70.7% between 2014 and 2019.

Source: EMSI, 2020

2019 TOTAL POPULATION

168,6232019 TOTAL HOUSEHOLDS

67,047

Source: ESRI, 2020

2019 MEDIAN HOUSEHOLD INCOME

$63,332

• Advanced Energy Industries, Inc.

• Anheuser Busch

• Banner Health

• Colorado State University

• Columbine Health Systems

• Hewlett-Packard Enterprise

• Kaiser Permanente

• Platte River Power Authority

• University of Colorado Health

• Water Pik

• Woodward

• Xcel Energy Co.

MAJOR EMPLOYERS

201 E. Harmony Road / Fort Collins, Colorado 80525 / phone +1 970 267 7720 / cushmanwakefield.com201 E. Harmony Road / Fort Collins, Colorado 80525 / phone +1 970 267 7720 / cushmanwakefield.com

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54 (54 BEDS) 60 (120 BEDS) 116 (174 BEDS) TOTAL

DENSITY 4.408 ACRE SITE 114 DWELLING UNITS 25.86 DU/ACRE

PARKING REQUIRED: 186 SPACES PROPOSED: +/- 199 SPACES

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AMENITY MAP

E. Harmony Rd.E. Harmony Rd.

Warren LakeWarren Lake

Pavilion Shopping Center

FootFoothills hills MallMall

Kruse Kruse ElementaryElementary

W. Swallow Rd.W. Swallow Rd.

W. Drake Rd.W. Drake Rd.

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201 E. Harmony Road Fort Collins, Colorado 80525

T +1 970 776 3900 F +1 970 267 7419

cushmanwakefield.com

For more information, please contact:

TRAVIS ACKERMANExecutive Director+1 970 267 [email protected]

© 2020 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.

AVAILABLE FOR SALE

201 E. HARMONY ROADFORT COLLINS, COLORADO 80525

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