574 S 5th Street Pagosa Springs CO Real Estate

Awesome opportunity for a developer to take over a 8-unit condominium development for less than 40 cents on dollar. The prior owner had invested more than $650K for this condominium project. Foundation as well as 8 water and sewer taps are completed and ready to go. Development and architectural plans (approved by town authorities) from previous owner, are available upon request. Property is zoned for single family, duplex, multi-family, patio homes, apartments, condos, townhomes and a nursing home. This property is ideally located near downtown Pagosa Springs and is only 50 yards away from the beautiful San Juan River and River Walk. Owner financing possible. For more details, call the listing office or listing agent above.