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

739-749 E Star Court, Montrose, CO 81401

MULTIFAMILY, Montrose, CO

Property Size8,352 SF
Lot Size0.50 Acres
Price / SF$269.40
Days on Market2

Property Features for 739-749 E Star Court

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bathrooms 18
Full bathrooms 6
Half bathrooms 6
Rooms Bathroom 4, Bathroom 14, Bathroom 10, Bathroom 13, Bathroom 2, Bathroom 6, Bathroom 1, Bathroom 7, Bathroom 9, Bathroom 17, Bathroom 18, Bathroom 11, Bathroom 3, Bathroom 5, Bathroom 12, Bathroom 16, Bathroom 15, Bathroom 8
Directions From Main Street and Townsend Avenue, start heading East on Main Street, Turn right onto S Park Ave, Turn left onto S 5th St, Turn rightonto Miami Rd Turn right onto E Star Ct.
Standard status Active
Size 8,352 SF
Lot size 0.50 Acres

Building Details

Year built 2026
Listing Agency: NextHome Virtual
Listed By: Casey Wareham · License #11034
Added: Sep 11 Last Checked: Sep 12 at 2:06AM
MLS# 838977

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This under-construction apartment property will deliver six newly built townhome units on a 0.5-acre site. Each residence is planned with three bedrooms, 2.5 bathrooms, and an attached garage, creating a consistent configuration across the development. The project encompasses 8352 square feet and carries a 2026 year built designation.

Located at 739-749 E Star Court in Montrose, Colorado, the property is estimated for completion in January or February 2027. The townhome format and attached-garage design provide a defined residential layout for the completed apartment building.

Key Highlights

  • Six townhome units planned
  • Each unit includes 3 bedrooms and 2.5 bathrooms
  • Attached garage for every unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Parking Lot & Garage Grocery & Convenience Store Furniture & Home Goods

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

820
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 - Under-construction townhome project with attached garages and three-bedroom layouts.
Where is this apartment building located?
The property is located at 739-749 E Star Court 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 townhome units planned; Each unit includes 3 bedrooms and 2.5 bathrooms; Attached garage for every unit
More about this property
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