For Sale View Offering Memorandum

Chimineas Courtyards

1576 SW Juniper Ave & 1027 SW 15th St, Redmond, OR 97756

Property Stats

Acres1.75
TypeLand
SubtypeMultifamily (Land)
Price/Acre$780,000.00
Price/SF$535.29
Size/ShapeNot specified
MSABend

Property Details

Property Description

CHIMINEAS COURTYARDS
• 2 lots combining 1.75 acres
• Zoning: high density multi-family zoning R5
• Sale includes all entitlements
• Level 1 Environmental & Geotech reports available
• Demo and permitting has been done on Juniper Ave.
• 15th street has 1,900 sq. ft. duplex & 650 sq. ft. SFR- need minor repairs/paint & are currently rented month-to-month.
• Includes architectural & engineering plans for 30 unit MF project totaling 29,100 sq. ft
• Annual estimated gross income of
$500,000
• Offered at $1,365,000

Highlights

  • Zoning: R5
  • 2 lots combining 1.75 acres
  • Architectural plans for 30 unit MF Unit
  • Annual est. gross income of $500,000
  • Level 1 environmental & Geotech reports

Property Map

Additional Info

  • Wetland Acres: Not specified
  • Net Usable Acres: 1.75
  • Parcel ID: 000000000
  • Zoning: R5, high density multi-family
  • Future Land Use: Not specified
  • Zoning Restrictions: Not specified

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.