Development Lot
Vacant Land
for Sale
| Catylist Listing ID: |
30283646 |
| Property Subtypes: |
Mobile Home Park, Multi-Family, Other
|
| Gross Land Area: |
4.68 Acres
|
| Sale Price: |
$329,900 |
| Unit Price: |
$70,491 Per Acre |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/12/2021 |
Overview / Comments
Hard to find, Multi family development site in rapidly growing Newport, Washington. This 4.68 acre parcel is near downtown and is zoned multi-family (12 units per acre) in the City of Newport. Close to shopping, schools and medical facilities. The property has frontage on two paved roads and the terrain is open and mostly flat. The utilities are available. Excellent location for tax credit apartments. Newport sits on the Washington, Idaho border approx. one hour each north from Coeur d’Alene and downtown Spokane.
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Additional Details
| Nearest MSA: |
Spokane-Spokane Valley |
| County: |
Pend Oreille |
| Tax ID/APN: |
463119030001 |
| Zoning: |
MULTI-FAMILY |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
S union Avenue |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,684 |
4,330 |
7,542 |
| Median Age: |
38.97 |
42.62 |
43.48 |
| Households: |
709 |
1,761 |
3,039 |
|
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