830 & 834 E. Myrtle Street
8-Unit Multifamily Development Opportunity | OT-B Zoning | Conceptual Plans Available
Marketing description
Rare opportunity to acquire a pre-positioned infill redevelopment site in the heart of Fort Collins. 830 & 834 Myrtle Street consist of two contiguous lots zoned OT-B (Old Town District, Medium), allowing for medium-density residential development in one of the city’s most sought-after locations.
Ownership has completed preliminary planning work, including architectural renderings and floor plans for a proposed 8-unit multifamily project (two fourplexes). An initial conceptual review with the City of Fort Collins has been completed, with positive feedback indicating general alignment with zoning and development standards. This early-stage work provides a clear path forward and reduces entitlement risk for a future developer.
The property is currently improved with condemned single-family homes, which are anticipated to be removed to accommodate redevelopment. The site offers a rare opportunity to deliver new construction housing within close proximity to Old Town, major employment corridors, and Colorado State University.
With strong rental demand, limited infill supply, and flexible development potential, this offering is well-suited for developers, investors, or build-to-rent operators seeking a scalable project in a high-growth Northern Colorado market.
Investment highlights
- 8-Unit Infill Development Opportunity – Conceptual plans for two fourplexes (8 total units)
- Prime Old Town Location – Highly desirable infill site in central Fort Collins
- OT-B Zoning (Old Town District, Medium) – Supports medium-density residential and multifamily development
- Pre-Development Progress Completed – Initial conceptual review with the City of Fort Collins with positive feedback
- Reduced Entitlement Risk – Early-stage planning aligns with zoning intent, providing a clearer path to development
- Architectural Plans Included – Renderings and floor plans available for proposed 8-unit project
- Strong Rental Demand Drivers – Proximity to Colorado State University and major employment centers
- Walkable Urban Infill Location – Minutes to Old Town dining, retail, and amenities
- Value-Add Opportunity – Ability to refine or reposition development plans to maximize returns
- Clear Site for Redevelopment – Existing condemned structures to be removed
- Limited Infill Supply – Rare opportunity to develop new construction housing in a supply-constrained submarket
- Ideal for Developers & Build-to-Rent Investors – Scalable multifamily project in a high-growth Northern Colorado market
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