

Listed by Commercial Integrity, NW
$1,575,000
Sylvan Development Land
Details
APN R326912, R326911
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes
Acreage 0.940
Zoning Residential Multi-Dwelling 1 (RM-1)
Sylvan MF Development Site: Excellent access to Cedar Hills, Sunset Corridor, & Downtown CBD
Marketing description
Residential Multi-Dwelling 1 (RM-1) zoned site, two parcels - one of which includes existing duplex
Proposed site plan for 56 units + existing duplex (refer to offering memorandum)
Excellent access to Highway 26 just minutes from Downtown Portland Central Business District (CBD)
New Townhouse / Rowhouse development immediately south of the subject site
Median Sylvan-Highlands Neighborhood Home Value: Approximately $912,900 (as reported by Niche)
Neighborhood Feel: Sparse suburban, with a high homeownership rate (72%).
Equidistant to Downtown Portland and the burgeoning Cedar Hills submarket (i.e. Highway 217 / 26 Interchange)
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Listed by Commercial Integrity, NW
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