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Anthony Dang

anthonydang@simplihom.com +1(509) 460-0410

Listed by Premiere Property Group, LLC

$ 7,500,000

Est. payment -/mo

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Active

22770 SW ELWERT RD Sherwood, OR 97140

13.82 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 717901785

HOA Y/N No

Annual Tax Amount $20,731

Tax Year 2024

Lot Size 13.820 Acres

Property Sub-Type Multi Family

Property Description

Potential Multifamily opportunity. Current zoning is low density residential, and multifamily will require a zoning change. There is positive indication from the City of Sherwood regarding the zoning change, but no pre-app conference or formal discussions have been had. The property to be sold includes the 13.82 acre parcel. Special consideration will be given to the Buyer who will: 1.Work with the Seller to minimize impact of daily operations of the Lodge. 2.Include the removal and decommissioning of the existing septic tank, and connect the Lodge to sewer.3.Include gated road access from the development of the 13.82 acre parcel to the 4.89 acre parcel. 4.Meet or beat a minimum Purchase Price $7,500,000. The Seller would like to see your highest and best offer. 5.Due Diligence Period should be no more than 60 days. 6.Significant Earnest Money shall be non-refundable and released to the Seller at the end of the Due Diligence Period. 7.Demonstrate knowledge and experience in working with the City of Sherwood to develop property.

Location

State OR

County Washington

Area _151

Zoning LDR

Exterior

Utilities Available None

View Mountain

Garage No

Schools

Elementary Schools Ridges

Middle Schools Sherwood

High Schools Sherwood

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

Nearby Locations

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+1(509) 460-0410

anthonydang@simplihom.com