303 North 11th Street

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Address: 303 N 11th St, Aumsville, OR 97325, USA

Seattle & Northwest + Apartment Buildings

Created date: March 20, 2024

Date last updated: December 2, 2024

6.53 Acres
Sold with Entitlements
RM Zoned Property
Adjacent to City Parks and Farmland
Near Aumsville Elementary
126 Unit Multi-Family Parcel
(24) 3bed/2bath units
(48) 2bed/2bath units
(54) 1bed/1bath units

Property Description

A Sale or Joint Venture Opportunity. 126 unit Multi-Family Project, sold with entitlements. Located in Aumsville, a charming small town just 9 miles east of Salem off Highway 22. This parcel is located off N 11th in between Cedar Ln and Evergreen Drive. With 6.54 acres of RM zoned property, it sits adjacent to several city parks - Mill Creek Park, Brian Haney Memorial Aumsville Skate Park, Porter Boone Park, and across the street from Aumsville Elementary. Seller is wiling to deliver a fully entitled project, contribute land to joint venture, or consider other creative joint venture options.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$3,995,000
No. of Units:	114
Lot Size:	6.54 Sq ft
Opportunity Zone:	No
Price per unit:	$35,044
Property Website	Click Here