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