3.07 Acres of Land in Oregon Wine Country | Build 45 Apartments | $1.495 million

3563

Property ID

Description

This parcel is located less than one mile from George Fox University, a major hub of social, economic, and retail activity. The campus is surrounded by an abundance of major retailers, banks and grocers including Safeway, Fred Meyer, Walgreens, Ace Hardware, U.S. Bank, UPS Store, and many others. A single-family structure is the only existing dwelling, but the property is zoned R2 and could potentially accommodate up to 45 apartment units. This property is also in an opportunity zone, providing an investor with a flexible and affordable strategy to build an apartment community.Interested parties should reach out to HFO for more information on the plans and permits that have been approved and submitted.

Address

Address: 1109 South River Street, Newberg, OR, USA
  • Province / State: Oregon
  • City / Town: Newberg
  • Postal code / ZIP: 97132
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  • Property ID 3563
  • Price $1,495,000
  • Property Type Land
  • Property status For Sale
  • Land area 3.07 Acres

Map View

Contact

Greg Frick

Property Seller
(503) 241-5541
service@hfore.com
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