Multi-Family Opportunity

303 North 11th Street Aumsville, OR 97325

303 North 11th Street, Aumsville, OR, 97325
303 North 11th Street, Aumsville, OR, 97325 303 North 11th Street, Aumsville, OR, 97325 303 North 11th Street, Aumsville, OR, 97325 303 North 11th Street, Aumsville, OR, 97325 303 North 11th Street, Aumsville, OR, 97325 303 North 11th Street, Aumsville, OR, 97325
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,940,000
Last Verified:
Mar 22, 2024

Highlights

  • 6.53 Acres
  • Sale or Joint Venture Opportunity
  • RM Zoned Property
  • 126 Unit Multi-Family Parcel
  • Adjacent to City Parks and Farmland
  • Near Aumsville Elementary

Description

A Sale or Joint Venture Opportunity. 126 unit Multi-Family Project. Located in Aumsville, a charming small town just 9 miles east of Salem off Highway 22. This parcel is located off N 11th in between Cedar Ln and Evergreen Drive. With 6.54 acres of RM zoned property, it sits adjacent to several city parks - Mill Creek Park, Brian Haney Memorial Aumsville Skate Park, Porter Boone Park, and across the street from Aumsville Elementary. Seller is wiling to deliver a fully entitled project, contribute land to joint venture, or consider other creative joint venture options.

Located on N 11th and Cedar Ln, adjacent to the big city park in Aumsville

Building Size: 0sq ft
Lot Size: 6.54 acres


Documents

Sale Brochure

Map of 303 North 11th Street, Aumsville, OR, 97325

Presented by:
Legacy Real Estate Commercial

Request additional information
AJ Nash


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.