Permit-Ready Multifamily Development Site in NE Portland 83 Projected Units Including Live / Work • High-Visibility Location -------------------- Sale Price: $2,990,000 Total Land Area: 19,200 SF (4 Parcels) Projected Units: 83 Units (74 Residential + 9 Live/Work) Total Gross Area (All Buildings): 46,139 SF Total Rentable Area (All Buildings): 35,118 SF -------------------- Property Features: • Multifamily Development Site in NE Portland • Fully-Engineered, Permit Ready Opportunity for 83 Units (74 Apartments + 9 Live-Work Units) • 62 Studio and 21 1-Bedroom Units Ranging from 336 - 702 Average Sq. Ft. • Buildings 1-3 have 21 Total Units Each, with Building 4 having 20 Total Units (Incl. Live-Work) • High-Visibility Location along NE MLK Corridor -------------------- Location Features: • Located on the Bustling Corridor of NE MLK Jr Blvd in Inner Northeast Portland • Multiple Bus Lines within Short Walking Distance • Just East of Shopping and Dining Districts along N Williams Avenue and N Mississippi Avenue • Highlights within 1/2 Mile Include True Value, Cafe Olli, Life of Pie, Migration Brewing, Lua, Ding Tea, New Seasons Market, Mud Bay, Yes Please, Maui’s