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: 10/20/2020

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.

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

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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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