Copper Springs

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Address: Copper Springs, Townsend, Montana, US
Created date: May 16, 2024
Date last updated: May 21, 2024
  • Shovel ready development
  • Townsend is frothy for this development and can't wait to get it rolling
  • Great Views
  • City services to site
  • mixed density
  • build and sell
  • build and hold
  • This development was built to be a large hold

Property Description

This is considered an amazing opportunity because of the location and the demand in the market. From 2018 to today there has been an increase in home values (*median) of 158%. There is high demand for new construction and affordability is a major concern. Townsend, the small municipality and county seat for Broadwater County, is pushing very hard to get this project under way due to the lack of housing in the area and the need for more. The under-built area has seen the 'Bozeman Effect' where a wave of buyers came to the market and changed as they gobbled up all of the inventory in a matter of months, driving to Bozeman for their employment. Now the highway between Townsend and Bozeman is nearly all 4 lane until the interstate and there is a constant stream of traffic. That doesn't even account for the Helena market and the outlying recreation. Coupled with the recent state legislation that will restrict county single family residential development, this will only increase demand in small markets like Townsend and the developer will be the beneficiary.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $3,490,000
Lot Size: 31.94 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: Copper Springs, Townsend, MT 59644, USA
Provided by:

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