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For Sale

68 Unit Development Opportunity

12224 SE Ash,
Portland, OR 97233

Asset Snapshot

0.16 Acres
Land Area

Offering Summary

Investment Overview

Prime redevelopment opportunity in SE Portland. Located right across from TriMet's Menlo Park Park & Ride. One block from MAX Bus Stop ID 6621 and MAX Light Rail Stop ID 8349, making the perfect setting for multi-family or mixed use apartments. The area is surrounded by a diverse selection of restaurants, pubs, and coffee shops. Mall 205, with its associated big box stores is minutes away with access to I-205 nearby. The Ventura Grade School is just three blocks away with two parks also within walking distance.


Investment Highlights

  • FAR: 5:1 Max Far w/ Bonus, 100' Max Building Height or Up to 68 Apartment Units
  • Right across from TriMet's Menlo Park Park & Ride and one block away from MAX and Bus stops. Daily traffic counts 40,547.
  • Local grade school is just three blocks away and several parks are within walking distance
  • A short drive away from I-205 and minutes from downtown Portland

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Listing Syndicated From

Buildout
For Sale
$550,000
Asking Price