Property Description

Fully entitled 35 Unit multi-family development opportunity in Woodburn! Modern Design provided by Studio 3 Architecture, this project comprises a mix of (18) 2-bd/1-ba units & (17) 3-bd/2-ba units. ODOT approved approach w/ bond paid & transferred to buyer at closing. Buyer due diligence on potential Urban Renewal credits from City of Woodburn. Foundation & Grading permits approved, providing ability to break ground upon closing Vertical building permits applied for while excavation & site prep work is being completed. Woodburn's population projected to grow +/- 30% by 2030 due to an increased workforce spurred by Amazon's new fulfillment center. MUV zoning and over 220' of Highway 99 frontage provide high visibility & traffic count, creating a multitude of alternative Commercial development opportunities!