Multifamily development opportunity in North Hills! This 0.43-acre multifamily-zoned parcel is located in an established, largely built-out multifamily area surrounded by apartments, townhomes and other investment properties. Conveniently located between Oregon Tech and Klamath Community College, with easy access to Sky Lakes Medical Center, Kingsley Field and destinations throughout Klamath Falls. A substantial amount of preliminary development work has already been completed, including conceptual multifamily site planning, professional stormwater analysis and detention-system design. Sewer routing has been identified, with additional utilities along North Hills Drive. Seller will consider financing with approximately 20% down, a 2-year balloon and an interest rate approximately 1% above the prevailing average rate. Seller is retaining adjacent Parcel 1 for planned 4-plex development. Adjacent Parcel 2 is offered separately; see MLS #220227783 for an expanded development opportunity.
Listed By
Agency Name: Coldwell Banker Holman Premier
Shown By
Agent Name: Lauren Horn
Agent Phone: (541) 281-2510
Agency Title: Fisher-Nicholson Realty LLC
Estimated Payment
$ 860.97 per month $781.51 Principal & Interest $37.17 Property Tax $42.29 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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0 N Hills Drive, Unit 904145 | MLS# 220227789
This land located at 0 N Hills Drive, Unit 904145, Klamath Falls, OR 97603 is currently listed for sale with an asking price of $145,000. The property has approximately 0.43 Acres. Search Klamath Falls real estate on laurenhorn.fnrhomes.com today.