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6-Unit Townhome Apartment Building
For Sale
$2,250,000

739-749 E Star Ct, Montrose, CO 81401

The planned project comprises six residences, each with an attached garage.

Property Size8,352 SF
Price / SF$269.40
Days on Market60

Property Features for 739-749 E Star Ct

General Information

Standard status Active
Size 8,352 SF
Property subtype Multi-Family

Units

Unit Mix 6 x 3BR/2.5BA
Multifamily Units 6

Building Details

Year Built 2026
Listing Agency: NextHome Virtual
Listed By: Casey Wareham · License #11034
Source: Mountainmeadowrealestate
Added: Aug 16 Changed: Oct 11 Last Checked: Oct 12 at 7:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome Virtual

Investment Insights

Based on property information with market context.

Planned as a six-unit apartment property, the development will contain townhomes with 3 bedrooms, 2.5 bathrooms, and an attached garage per residence. The property is listed at 8,352 square feet, with completion projected for January or February 2027.

The site is at 739-749 E Star Ct in Montrose, Colorado.

Key Highlights

  • Six planned townhome units
  • Each residence includes 3 bedrooms, 2.5 bathrooms, and an attached garage
  • 8,352 square feet

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby

Demographics for 81401, CO

23,266
Population
10,782
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
91%
High-School Grad
200.2 sq mi
ZIP Area
116
Density / Sq Mi
$63,541
Median Household Income
$36,548
Median Earnings
$1,090
Median Rent
$343,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The planned project comprises six residences, each with an attached garage.
Where is this apartment building located?
The property is located at 739-749 E Star Ct Montrose, CO.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Six planned townhome units; Each residence includes 3 bedrooms, 2.5 bathrooms, and an attached garage; 8,352 square feet
More about this property
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