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PUBLISHED RESERVE: $99,500
LAST ASKING: $140,000
SIZE: .327± Acre
ZONING: Multi-Family (R-30)
PROPERTY INSPECTION: At Any Time
FINANCING: None – All Cash
DESCRIPTION: This .327± acre residential infill development site is
located near downtown Vancouver, west of Interstate 5, with frontage
along West 24th and West 25th Streets. The property has excellent access
to I-5 via West Fourth Plain Blvd., and is located in a neighborhood that
contains a mix of both housing and commercial uses.
The site has received both Design ReviewApproval, and Preliminary Site PlanApproval, to develop the
property as a twelve-unit apartment complex from the city of Vancouver. The proposed development
is known as the Lincoln Village Apartments, and will have two 3-story buildings of 7,000± square
feet each, with each building to have four two bedroom, two bathroom apartments, and two studio
apartments. The Preliminary Site PlanApproval expires in 2015, and may be extended for an additional
period of three years. (Please see the Supplemental Information Package for all approvals as well as
Boundary Survey, Traffic Study, Geotechnical Report, and Storm Water Design Report.)
The R-30 zoning accommodates up to 30 units per acre. As part of the approval process, the seller was
able to apply and use the Transportation District Overlay Standards, which, as such, increases density
by 25% and allows for construction of 12 units. All utilities are available to the site.
LOCATION: West 24th Street, Vancouver, Washington, Tax Lot #: 062090-000
Multi-Family Development Site with Preliminary Site Plan Approval
for Twelve Units, Vancouver, Washington
Please Note: Sketch plan is conceptual
only. Neither the Seller nor its agents
have submitted plan or made any
applications to a public agency.
West 4th Plain Blvd.
West 24th Street
West 25th Street
Lincoln Ave.
N
FOR SUPPLEMENTAL INFORMATION CALL 1-800-845-3524
