About this home

Rare opportunity to acquire an approved 43-unit multifamily development in a growing area. Sale includes two parcels totaling approximately 1.39 acres (buyer to verify): one improved with an existing mechanic shop and one vacant parcel. An approved site plan provides a significant head start for developers and investors seeking their next multifamily project. Existing improvements may offer interim income potential while preparing for future development. Conveniently located near shopping, services, schools, and major commuter routes. Utilities available in the area; buyer to verify availability and capacity. Development approvals, zoning, permits, dimensions, utilities, environmental conditions, and all information are deemed reliable but not guaranteed. Buyer to independently verify all information to their satisfaction. Property shown by appointment only. Please do not disturb business, employees, or occupants. Contact the listing broker for additional development information and available due diligence documents.

Property details

Water source: In Street
Sewer: In Street
Utilities: Electricity Connected

Estimate your monthly payment

$9,102/mo

Principal & interest: $9,102

Down payment (20%) $360,000 Interest rate (%) Loan term (years)

Loan amount $1,440,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Vancouver, WA 98662

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Realty One Group Northstars— Alex Moroz.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

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