Listed by Conser Commercial
$3,600,000
Honey Grove QOZ Apartment Land
Details
Property Type Multifamily, Land
Sub Type Apartment Building
Units 120
Price per SqFt $10
Class A
Acreage 8.600
Zoning Qualified Opportunity Zone
Multifamily | 120 Units | $30,000/unit
Marketing description
Honey Grove is Qualified Opportunity Zone apartment-ready land in Albany, Oregon. The site has vested approvals for 120 units. Newly constructed City streets, water, sewer, and storm drain serve the site. There are no "offsites" to complete, no assessments due. It is located at the edge of city limits and UGB, adjacent to farmland and 3.40 acres of open space. It is near I-5, shopping and services.
Investment highlights
- ~8.60 acres of multifamily land in a Qualified Opportunity Zone
- Vested approvals for 120 apartment homes/units
- New city water, sewer, and streets serve the site
- Storm system already installed
- No assessments due
- No 'offsite' improvements needed
- SDC credits available
- Next to Wetland-Open Space amenity
- Adjacent to Farm Land-Open Space
- Near I-5 for commuters
- Designed as a Gated Community
Listing Contacts
Listed by Conser Commercial
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