Rare opportunity for a builder to acquire a high-density multi-family development located within an infill location in one of the most desirable parts of Medford. Entitlements have been completed and approved for a 168 unit apartment complex. Property is situated next to a public park and Kennedy Elementary School, offering convenient access to both recreational and educational facilities, ensuring a desirable living environment close to essential amenities. There is a significant undersupply of housing within the Rouge Valley which will further enhance the end value. No comparable opportunities are available in terms of size and location. This is the last parcel available in this area. Contact listing broker for all questions and a complete info package.
Details
MLS#: 220189167 Price: $3,600,000
Style: Residential Lots
County: Jackson Subdivision: N/A Tax Fee: 17422.00
School Elementary: Kennedy Elem School Middle: Hedrick Middle School High: North Medford High
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Southern Oregon MLS
Last updated: 2024-11-11T12:39:57.000-08:00. Privacy Policy