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12390 SW Knoll Dr - The Knoll Apartment Site

2.06 Acres of Residential Land Offered at $2,750,000 in Portland, OR 97223

Investment Highlights

  • Qualified Opportunity Zone
  • Close to WES Commuter Rail Station
  • Walking distance to downtown Tigard
  • Adjacent to future light rail station

Executive Summary

Site is planned 182-unit workforce housing development site in Tigard's Qualified Opportunity Zone. It is walking distance close to Main Street, Westside Commuter Rail, and adjacent to future light rail.

Property Facts

Price $2,750,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 2.06 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $2,750,000
Price Per AC $1,334,951
Lot Size 2.06 AC

Description

The proposed Knoll Apartments at 12390 SW Knoll Drive in Tigard, Oregon! Nestled in a vibrant and sought-after neighborhood, these apartments are designed to offer modern living in a serene suburban setting. The Knoll Apartment site is also located in a Qualified Opportunity Zone allowing substantial tax benefits to the developer. The Knoll will feature contemporary architecture, blending seamlessly with the surrounding landscape of well-maintained streets and green spaces. The area is known for its mix of residential tranquility and accessibility to urban amenities. Anticipate a variety of floor plans catering to different lifestyles, from cozy studios to spacious multi-bedroom units. These residences are expected to offer open-concept layouts, abundant natural light, and thoughtfully designed interiors featuring modern fixtures and finishes. Given Tigard's charm and its close proximity to Portland, residents can enjoy the best of both worlds – the tranquility of suburban life while being within reach of the cultural and economic opportunities of a larger city. Please note that the details provided here are speculative and subject to change based on actual development plans and construction progress. For the most current and accurate information about the apartments please contact Skip Rotticci.

Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code MU-CBD (Mixed Use Central Business District)
MU-CBD (Mixed Use Central Business District)
  • Listing ID: 30320185

  • Date on Market: 12/8/2023

  • Last Updated:

  • Address: 12390 SW Knoll Dr, Portland, OR 97223

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