SPRINGBROOK RD Active

Medford,OR 97504

$ 3600000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24046089

Annual Tax Amount $7,539

Tax Year 2023

Lot Size 3.060 Acres

Property Description

Rare opportunity for a builder to acquire a high-density multi-family development located within an infill location in one of the most desirable parts of Medford. Entitlements have been completed and approved for a 168-unit apartment complex. Property is situated next to a public parkand Kennedy Elementary School, offering convenient access to both recreational and educationalfacilities, ensuring a desirable living environment close to essential amenities. There is asignificant undersupply of housing within the Rouge Valley which will further enhance the end value.No comparable opportunities are available in terms of size and location. This is the last parcelavailable in this area. Contact listing broker for all questions and a complete info package. Call Agent Saul Stearns 541-613-1683

Location

State OR

County Jackson

Area _801

Zoning MFR-20

Exterior

Utilities Available CableAvailable,ElectricityAvailable,NaturalGasAvailable,PhoneAvailable,WaterAvailable

Waterfront No

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Building

Lot Description Cul_de_sac

Schools

Elementary Schools Kennedy

Middle Schools Hedrick

High Schools North Medford

Others

Acceptable Financing Cash

Listing Terms Cash

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