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- LoopNet Team
NKA Heritage Blvd
Pasco, WA 99301
Heritage · Land For Sale
·
2.25 AC
INVESTMENT HIGHLIGHTS
- Sale includes the land, construction drawings for 42 apartment units, survey, geo tech study, cultural study, and the city SEPA letter response.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 2.25 AC |
| Zoning | R-4 - R-4 zoning allows up to 29 units per acre. | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 2.25 AC |
| Zoning | R-4 - R-4 zoning allows up to 29 units per acre. |
DESCRIPTION
Turn-key multifamily development opportunity located in an Opportunity Zone in the growing city of Pasco, Washington. The sale includes the land, construction drawings for 42 apartment units, survey, geo tech study, cultural study, and the city SEPA letter response. A buyer simply needs to submit the plans to the city for approval and start building 3-4 months later. Significant industrial development has promoted healthy job growth in this area over the last few years, including Amazon's three distribution centers, Reser's Fine Foods processing plant, and Darigold's processing plant. Limited housing options have come to the market during that timeframe, creating a housing shortage. The property is zoned R-4 which is the city's highest density zoning, allowing up to 29 units per acre. Take advantage of this great investment in one of the nation’s fastest-growing cities. Please contact your agent for more information. Seller is a licensed real estate agent in the State of Washington.
