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Listed by JORDAN SPARKS • SMI REAL ESTATE • 541-646-0650

$ 1,200,000

Est. payment -/mo

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Active

119 Pacific Hwy Woodburn, OR 97071

87 Beds

52 Baths

39,523 SqFt

UPDATED:

09/10/2024 10:32 PM

Key Details

Property Type Multi-Family

Sub Type Multi- (5+)

Listing Status Active

Purchase Type For Sale

Square Footage 39,523 sqft

Price per Sqft $30

MLS Listing ID 818150

Bedrooms 87

Annual Tax Amount $6,732

Lot Size 1.420 Acres

Acres 1.42

Property Description

Fully entitled development opportunity in Woodburn! The current plan, designed by Studio 3 Architecture, comprises a 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 an increased workforce stimulated by Amazon's new fulfillment center, Woodburn's population is projected to grow over 30% by 2030. Refer to #818149

Location

State OR

County Marion

Area 90 Marion County

Building

Sewer City

Water City

New Construction No

Schools

High Schools Woodburn

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

119 Pacific Hwy Woodburn, OR 97071

Key Details

Location

Building

Schools

Others

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119 Pacific Hwy