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Updated 2 months ago, 09/16/2024

User Stats

103
Posts
25
Votes
Ken Buck
  • Specialist
  • Crested Butte, CO
25
Votes |
103
Posts

Prime Development Opportunity - walk to lift

Ken Buck
  • Specialist
  • Crested Butte, CO
Posted

Hey BP Community,

I'm excited about this development near the base of Crested Butte ski resort. It is proven high end and has some of the best views - it's truly a rare opportunity as developable land disappears quickly

It's 8 prime lots (around $1m a piece) and half are multi family (2 duplex and 2 triplex). 

We build high end for $600/SF all in - soft and hard costs.

My question, just to throw out there and brainstorm, out of the 4 MF lots, what type of mix would you throw out there? Surrounding homes are $1100-$1300/SF and 4-5,000SF. 

So I was thinking high end townhomes at $1,200/SF - yet any thoughts on the triplex configuration? want to avoid bowling alleys...

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