Sale Transaction

NavPoint Real Estate Group Facilitates Sale of 1.54 Acres of Land in Montrose for $950,000

By June 25, 2020 No Comments

Montrose, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 1.54 acres of land located at the Southwest corner of South Townsend Avenue and Rio Grande Avenue in Montrose, Colorado.

“We successfully overcame many challenges caused by the pandemic while assisting the Buyer in acquiring arguably the best undeveloped site in Montrose,” said Ian Elfner of NavPoint Real Estate Group. “The site is located within the River Landing project at a lighted intersection with tremendous exposure anchored by Super Target, Natural Grocers, Ross, Marshalls, Petco and many others. Culver’s will be a great addition to the Montrose community.”

Ian Elfner of NavPoint Real Estate Group represented the buyer, WTD Enterprises LLC, in this transaction. Max Gansline of The Staenberg Group represented the seller, River Landing Joint Venture LLC. This transaction successfully closed in June 2020.