+/- 7.15 Acres | +/- 58 Attached Housing Units
LC Real Estate Group is pleased to present the opportunity to purchase +/- 7.7 acres with R4 zoning with Neighborhood Master Plan approval for up to 58 units, within a +/- 20 acre mixed use development known as Westside Crossing. The community has a walkable location only 0.7 miles from Downtown Berthoud and is northwest of Mountain Avenue/CO Highway 56 and Meadowlark Drive and immediately east of US Highway 287.
- Westside Crossing is a high profile mixed use development featuring over 100,000 sq. ft. of retail with future walkable restaurant, service, and retail amenities
- Exceptional location with high visibility marketing window adjacent US Highway 287, the primary linkage between Loveland and Longmont, and Mountain Avenue/Hwy 56, the primary access into the Town of Berthoud from the west
- Proposed lots includes 40 24’-30’ x 100’ alley load townhomes and 18 36’ x 95’ single story front load paired homes
- Lots shall be platted based on Buyer’s housing product within existing site plan and sold on a per lot basis with plat approval or finished lots
- Townhome parcel includes approximately 570’ linear feet on north side and 540’ linear feet on south side and paired home parcel is subject to a single story height limitation and includes approximately 648’ linear feet
- Ability to purchase raw water by cash-in-lieu dedication due at time of building permit from the Town of Berthoud
- City of Berthoud water district has development friendly raw water policy and is currently priced at $16,500 per Single Family Equivalent (SFE)
- Attractive raw water dedication requirement of $8,250 per townhome (0.5 SFE) and $12,375 per paired home (0.75 SFE) with total project average cost of water estimated at $11,349 per dwelling unit (0.6878 SFE)
- All utilities available in adjacent Meadlowlark Drive with other offsite traffic improvements to be completed by the master developer
- Westside Crossing has excellent views to the west of Longs Peak and Twin Peaks mountain range that should positively impact absorption and lot premiums
- Tournament Players Club (TPC) Colorado is a newer 18 hole PGA golf course that has attracted an affluent and well educated demographic to the area and created greater overall desirability for housing in the Berthoud submarket
- Highly regarded Berthoud schools are attracting families to Berthoud including Ivy Stockwell and Berthoud Elementary, Turner Middle School, and Berthoud High School