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7750 Montana St
Portland, OR 97217
Kenton Apartments Land · Land For Sale
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0.15 AC
EXECUTIVE SUMMARY
ready has all the information such enviro; geotech; all city approvals/check sheets; full construction set etc. Huge time and cost savings.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Apartment Units |
| Property Type | Land | Total Lot Size | 0.15 AC |
| Zoning | CM2 - CM2 is a commercial zone allowing a mix of residential (apartments) and retail with heights with bonus restricted to 55'. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.15 AC |
| Zoning | CM2 - CM2 is a commercial zone allowing a mix of residential (apartments) and retail with heights with bonus restricted to 55'. |
1 LOT AVAILABLE
Lot
| Price | $1,936,746 CAD | Lot Size | 0.15 AC |
| Price Per AC | $12,911,639.53 CAD |
| Price | $1,936,746 CAD |
| Price Per AC | $12,911,639.53 CAD |
| Lot Size | 0.15 AC |
Here is a permit 30 unit ready project in the heart of the Interstate Corridor and Kenton Neighborhood. All the hard work to get to permits has been done which will save any builder/developer 18-24 months while allowing for design of interior spaces
DESCRIPTION
This Ready to go permit ready 30 unit apartment site is a great opportunity to jump into the North Portland market quickly for delivery in 2025 when the amount of delivered units continues to fall which absorption remains steady pointing to the start of increasing rents. This design is very flexible, aesthetic, clean and functional with two connected buildings of 14 & 16 units. Here is the huge thing no Inclusionary or Affordable units need to be included!!! The project was submitted prior to the IZ requirements. The neighborhood is block from busy Interstate which has plenty of retail/food/beverage and grocery options along with light rail and robust bus service. Freeway access easy at North Lombard. The near by neighborhood is quiet mostly single family homes. Parking on street is easy and plentiful!
