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- LoopNet Team
11460 SE 282nd Ave
Boring, OR 97009
Boring OR Residential Income and Development · Land For Sale
·
18.95 AC
INVESTMENT HIGHLIGHTS
- 4 Total SFR lots proposed with existing home and structures
- Fully leased self care equestrian
- Mt Hood View
PROPERTY FACTS
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Residential | Total Lot Size | 18.95 AC |
| Zoning | RRFF5 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 18.95 AC |
| Zoning | RRFF5 |
DESCRIPTION
Income producing residential with development options. Current use is Residential Income as equestrian selfcare with turn out and SFR tenant. Potential for 4 SFR lots at 2-5 acres (min 2 acre per lot). Currently 15 stalls rented at $200 a month which is under market, market rents $250-300 monthly. 1700 SF home rented at $1900 a month which is under markets rent by $600 a month. Tenant lease expires 08/31/2022 Property would need to go through land use approval with Clackamas County. Property Taxes $4488.91 and has farm deferral. Currently 3 tax lots 00155272, 00155316, 00155325 100'x120' barn with 15 stalls which included 60x120 indoor arena 40x60 shop with power 60' Round Pen
PROPERTY TAXES
| Parcel Number | 00155272 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,848 |
PROPERTY TAXES
