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Land For Sale • 0.31 AC
Developer opportunity to purchase a fully entitled shovel-ready multi-family development site located in NE Portland. Permitted plans include 2 three-story wood frame apartment buildings with a total of 31 units. All of the units have exterior walk-up entries. A total of four units to be affordable at 80% MFI to receive parking exemption and FAR bonus. Willing to be sold as a portfolio with another permit-ready site at 55 NE Flanders St, Portland, OR 97213 that is approved for a 5-unit wood framed apartment building consisting of all 1-bedroom units.
| Approved plans, ready to develop immediately |
| Wood frame design - limit construction costs without steel or concrete |
| Ideal inner NE Portland location for rental units |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) | 13 min | - | 5.5 mi |
| Vancouver (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) | 19 min | - | 8.7 mi |
| Airport | Drive | Walk | Distance |
| Portland International | 12 min | - | 4.5 mi |
Daniel Silvey
Knipe Realty
Daniel Silvey
Knipe Realty
