119 N Pacific HWY Active

Woodburn,OR 97071

$ 1200000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24413330

Annual Tax Amount $6,732

Tax Year 2023

Lot Size 4.840 Acres

Property Description

Fully entitled development opportunity in Woodburn! The current plan, designed by Studio 3 Architecture, comprises a spacious mix of (18) 2-bd, 1-ba units & (17) 3-bd, 2-ba units. Potential to value engineer & redesign the current layout to accommodate (41) 2-bd, 1-bth units. Recent ODOT approved 'Approach Upgrade' status provides $1M+ in development costs savings. With a vastly increased workforce stimulated by Amazon's new fulfillment center, Woodburn's population is projected to grow over 30% by 2030.

Location

State OR

County Marion

Area _170

Zoning MUV

Exterior

Utilities Available PublicSewer,WaterAvailable

Garage No

Schools

Elementary Schools Washington

Middle Schools Valor

High Schools Woodburn

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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