Boomerang Ranch

Capstone Land Sales is pleased to present Boomerang Ranch, a 21.8 acre Build-to-Rent (BTR) development opportunity located in Greeley, CO. Home of University of Northern Colorado, Greeley is located in rapidly growing Weld County which saw its population increase by 5.7% from 2020 to 2022. A major agricultural center, Greeley is also home to a number of other industries, including manufacturing, aerospace, and healthcare.

Boomerang Ranch comes with completed predevelopment and horizontal site work, including civil engineering, preliminary entitlements, major cut and fill, rough grading, regional detention system and the private road running along the north and west of the property. These items are valued at approximately $2,000,000. While Boomerang Ranch was originally contemplated as a 177-unit BTR project, flexibility with the remaining entitlement process provides an opportunity to increase density for a BTR project totaling over 215 units.