
NW Montara Condominium Land
Land | 15,773 SqFt
Marketing description
NW Montara is a unique opportunity to develop up to 16 upscale condominium units in Forest Heights. The site is zoned R1 but was previously planned, engineered, and previously permitted for an 8-unit building similar to building adjacent. Recent upzoning allows for the additional density. Some earthwork and a partial foundation have been completed. Plans are available.
Discover the allure of Portland, OR, where the captivating natural beauty of the Pacific Northwest converges with an atmosphere of dynamic innovation. The property's prime location is close to tech giants like Intel and Nike, as well as the bustling tech hub in the heart of the city. Surrounding the area are scenic parks, inviting outdoor spaces, and remarkable dining and entertainment options. With a reputation for sustainability, a thriving economy, and a vibrant cultural scene, the location offers an exceptional setting for any discerning investor seeking to capitalize on the area's burgeoning commercial real estate market.
Investment highlights
- Zoned R1 for residential development up to 16 units on the site
- Prime location in Portland, OR
- Site has been previously permitted with plans available
- Infrastructure ready for residential development
- Close proximity to schools and parks
- Backs up to open space corridor
- Accessibility to transportation links
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