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- LoopNet Team
21455 US-20
Bend, OR 97701
Land For Sale
·
37.09 AC
INVESTMENT HIGHLIGHTS
- Part of the affordable housing pilot program
- Minimum of 30% of the housing units will be affordable housing
- Beautiful views of both Pilot Butte and the Cascade Mountains
- Exempt from the normal UGB expansion process
- 1.77 acres already in the urban area reserve
- Mix of RM, RH, and MN zoning
PROPERTY FACTS
DESCRIPTION
Development opportunity on the East side of Bend. Under the City of Bend's new affordable housing pilot program the city will be able to add new housing units on lands currently outside their urban growth boundaries without going through the normal UGB expansion process. The current designated plan for this site includes approximately 52% affordable housing units for the development. The site plan includes a mix of zoning that includes Residential Urban Mixed Density (RM), Residential Urban High Density (RH) and Mixed-Use Neighborhood (MN) zoning. This mix of zoning will allow for a good mix of housing types including attached single-family homes, townhomes, and three and four-story mixed-use buildings. The project is designed to be built in three major phases. These phases will be planned so that in each phase the affordable and market rate housing units are issued permanent certificates of occupancy over time in a ratio similar to the project as a whole.
PROPERTY TAXES
| Parcel Number | 119047 | Improvements Assessment | $0 |
| Land Assessment | $886,430 | Total Assessment | $886,430 |
PROPERTY TAXES
