For Sale

NW Montara Condominium Land

3030 Northwest Montara Loop,
Portland, OR 97229
Represented by
Macadam Forbes

Asset Snapshot

0.36 Acres
Land Area

Offering Summary

Investment Overview

NW Montara is a unique opportunity to develop up to 16 upscale condominium units in Forest Heights. The site is zoned R1 but was previously planned, engineered, and previously permitted for an 8-unit building similar to building adjacent. Recent upzoning allows for the additional density. Some earthwork and a partial foundation have been completed. Plans are available.


Investment Highlights

  • Zoned R1 for residential development up to 16 units on the site
  • Prime location in Portland, OR
  • Site has been previously permitted with plans available
  • Infrastructure ready for residential development
  • Close proximity to schools and parks
  • Backs up to open space corridor
  • Accessibility to transportation links

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,250,000
Asking Price

Investment Sales Broker

Skip Rotticci, CCIM
Macadam Forbes