FOR SALE Opportunity with House - LoopNet · 2018-11-28 · House Size: 4,109 SF Year Built: 1987 Price: $2,900,000 Highlights Develop Smaller Lots — unique opportunity to subdivide

FOR SALE2473 NW Marken St.

Bend, Oregon

Residential Development Opportunity with House5.36 AC | 4,109 SF | $2,900,000

Residential Standard Density (RS) Development Land

Dan Kemp, Broker Kris Rees, Broker600 SW Columbia St., Ste. 6100 | Bend, OR 97702 2127 S. Hwy. 97, Ste. 150 | Redmond, OR 97756541.383.2444 | www.compasscommercial.com 541.410.4756 | www.krisrees.com

http://www.compasscommercial.com/

2

Table of

Contents

SECTIONS PAGE

Property Details ................................3Location ......................................................................4

Proforma Valuation .........................5Property Aerial .........................................................6Option A Proforma ..................................................6Option B Proforma ..................................................7

Land Comps........................................8

Property Photos ............................. 15

Notices ............................................. 19

3

Residential Development Opportunity

Property

Details

Property Details

Site Address: 2473 NW Marken St. Bend, OR 97703

Property Type: Residential development land with 4,109 SF house

Cross Streets: NW Marken St. & NW Nordeen Way

Tax Map/Lot: 151008AA00801

Zoning: Residential Standard Density (RS)

Lot Size: 5.36 Acres

House Size: 4,109 SF

Year Built: 1987

Price: $2,900,000

Highlights

� Develop Smaller Lots — unique opportunity to subdivide property, develop and sell individual lots at a profit (conceptual pro forma included)

� Large Beautiful House — attractive house with 3 bedrooms / 3.5 bathrooms

� West Side Location — desirable neighborhood at the foot of Awbrey Butte near COCC, NorthWest Crossing and Awbrey Glen Golf Course

Property Details

4

Property

Details

LocationThe subject property is located in the Valhalla Heights neighborhood on Bend’s west side which is a very affluent area with average household incomes exceeding $130,000. This is a rappidly growing area of Central Oregon that has a limited supply of single-family homes. The average home value in a 1-mile radius is just over $593,615.

Regional Aerial

This property is located at the bottom of Awbrey Butte near Shevlin Park, NorthWest Crossing, Awbrey Glen Golf Course and Central Oregon Community College. There is easy access to Downtown Bend via Shevlin Park Road/Newport Avenue and Mt. Bachelor Ski Area via Mt. Washington Drive.

5

Proforma Valuation

Development ConceptsThe seller has hired Charlie Rowles from Rowles Engineering to develop two coneptual site plans that both include keeping the existing home. Concept A would give the buyer 29 lots and Concept B would give the buyer 30 lots. A water/sewer analysis has been ordered with the city of Bend for B Concept layout. Results of that analysis are expected in the next few weeks.

We have also prepared a conceptual pro forma which can be found on the subsequent pages for both concepts. However, a buyer needs to do their own due diligence and make their own assumptions on the development pro forma.

For our analysis we backed into the paper lot value by first looking at fully infrustructred lot comps in the area (see pages 8-14) which we determined are valued between $163,000 and $272,500 (lots between .19 - .22 acres in size). We used a conservative number of $150,000 for the pro forma. Infrustructure costs were then backed out at a conservative $50,000 a lot which represents an overal profit to the developer of around 20 -22%..

Proforma

Valuation

6

Property

DetailsProperty Aerial

Lot Purchase PriceInfrastructure

EstimateDeveloper

CostRetail Price

Profit Potential

Profit %

House $870,000 870,000$ $870,000 $0 0.00%Lot 1 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 2 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 3 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 4 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 5 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 6 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 7 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 8 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 9 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%

Lot 10 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 11 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 12 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 13 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 14 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 15 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 16 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 17 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 18 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 19 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 20 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 21 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 22 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 23 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 24 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 25 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 26 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 27 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 28 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%Lot 29 $70,000 $50,000 120,000$ $150,000 $30,000 25.00%

$2,900,000 $1,450,000 4,350,000$ $5,220,000 $870,000 20.00%

Option A Proforma

7

Financial

Information

Option B Proforma

Lot Purchase PriceInfrastructure

EstimateDeveloper

CostRetail Price

Profit Potential

Profit %

House $870,000 870,000$ $870,000 $0 0.00%Lot 1 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 2 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 3 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 4 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 5 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 6 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 7 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 8 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 9 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%

Lot 10 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 11 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 12 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 13 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 14 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 15 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 16 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 17 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 18 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 19 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 20 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 21 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 22 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 23 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 24 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 25 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 26 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 27 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 28 $67,666 $50,000 117,666$ $150,000 $32,334 27.48%Lot 29 $67,676 $50,000 117,676$ $150,000 $32,324 27.47%Lot 30 $67,676 $50,000 117,676$ $150,000 $32,324 27.47%

$2,900,000 $1,500,000 4,400,000$ 5,370,000$ 970,000$ 22.05%

8

Mapped Listings

10/10/18 at 12:26pm Page: 1

Pin#Listing# Property Type Status Address City BedsBathsSqFt. Price

1 201702032 Land Sold 2929 NW Chardonnay Lane Bend 0 $163,0002 201708807 Land Sold 62769 NW Imbler Dr #1 Bend 0 $175,0003 201800665 Land Sold 2348 NW Drouillard Ave Bend 0 $210,1004 201802926 Land Sold 1250 NW Trenton Ave Bend 0 $215,0005 201711874 Land Sold 2911 NW Celilo Bend 0 $272,500 Presented By: Daniel B Kemp Compass Commercial Real Estate Services

:::E-mail: [email protected]

600 SW Columbia St Suite 6100Bend, OR 97702541-383-2444Fax : 541-383-5162See our listings online:

Web Page: www.compasscommercial.com www.compasscommercial.comEqual Opportunity Housing * All information deemed reliable, but not guaranteed.

Information has not been verified, is not guaranteed and is subject to change.Copyright ©2018 Rapattoni Corporation. All rights reserved.

U.S. Patent 6,910,045

Land

CompsLand Comps

9

Listings as of 10/10/2018 at 12:26PM Page 1

Land MLSCO-Agent Detail Report

Gently sloping Westside Bend .18 acre vacant lot located off Shevlin Park Road in the Shevlin Court neighborhood. Peekaboo mountainviews from this conveniently located ready-to-build property. Close to Northwest Crossing, Shevlin Park and schools with easy access totrails and everything that the Westside of Bend has to offer.

Marketing Remarks

This lot is congruent/adjacent to the home above and looks like it is fenced within that property. Feel free to drive by, however please call Tara541-350-3695 prior to walking the inside of the property (which is fenced). There is a View Easement recorded on this lot. Please CLA fordetails.

Agent Remarks

Other Restrictions

Utility Comments

Zoning Comments

Water Comments

Irrigation Comments

Sewer/septic CommentsCurrent Use

Directions

97.31LPSP %$174,500Orgnl PriceDavid D ShanksSell AgentBend Dreams Realty LLCSell Office

CONVType of Financing$163,000Selling Price:03/23/18Closed Date02/16/18Pending Date

CommFixedFV2.5%CSB%[email protected] Email

541-647-6556Fred Real Estate GroupCo-List Office541-647-6556Fred Real Estate GroupList Office

541-350-1308Kyle WiecheCo-List Agent541-350-3695Tara WiecheList Agent

Ph

03/22/17List DatePhSteve & Amanda Porino TrustOwner

NoSign on PropertyNew Loan,CashTerms

Road

Community

City SewerSewer/SepticCityExist Water

Cascade MountainView

Additional Bldgs

PP&LElectric CoIrrig DistSummitSrHi School

Irrig AcresPacific CrestJrHi School

Mfg Housing AllowedNoIrrigationHigh LakesElem School

366/366DOM/CDOMNoFarm Deferral

2016.00Tax Year1350.21Taxes0.1800Approx Acres

0.00HOA AmtLot Dimensions

NoHOA7841Approx Lot SqFt

YesCC&RShevlin CourtAdditionPolarstarCross Street

0Block #7Lot #CB00109TL171125TM

RSZoning97703-5292Zip CodeORStateBendCity

2929 NW Chardonnay LaneAddressNWSectionBend/Tumalo/AlfalfaArea

$167,500Listing Price1orLsSub TypeSoldStatus201702032MLS#

Property Type: Land Include Property Subtype: Lots/Land < 1 acre Area: Bend/Tumalo/Alfalfa ZIP: 97703 Status: Sold (3/1/2018 or after) Lot Size: .15 acto .25 ac

Information has not been verified, is not guaranteed and is subject to change.

Featured properties may not be listed by the office/agent presenting this brochure.

Land

Comps

10

In a neighborhood of new, upscale homes discover this rare and unique westside building site with Cascade Mtn views. Close proximity toShevlin Park, the village at NW Crossing and downtown Bend. Build your dream home and pick your own builder. Some photos are ofneighborhood, not subject property. Inquire about creative financing opportunities.

Marketing Remarks

Taxes are on the bare land only. Kristin Watson with Hayden Enterprises Realty is related to the seller. Some photos are of neighborhood, notsubject property.

Agent Remarks

CC&R'sOther Restrictions

At streetUtility Comments

Zoning Comments

Water Comments

Irrigation Comments

Sewer/septic CommentsVacant landCurrent Use

Shevlin Road turn Right on Park Commons, Right on ImblerDirections

102.94LPSP %$290,000Orgnl PriceNatalie VandenbornSell AgentCascade Sotheby's International RealtySell Office



541-923-6607Hayden Enterprises RealtyCo-List Office541-383-7600Cascade Sotheby's International RealtyList Office

541-728-7772Kristin WatsonCo-List Agent541-408-0086Shelly SwansonList Agent

Ph

08/28/17List DatePhHH Shevlin LLCOwner

YesSign on PropertyCashTerms

PavedRoad

Paved Streets,Gas AvailableCommunity

At Street,City SewerSewer/SepticAt Street,CityExist Water

Cascade Mountain,Terrain,Mountain OtherView

Additional Bldgs



NoMfg Housing AllowedNoIrrigationWilliam E. MillerElem School





YesCC&RShevlin EstatesAdditionPark CommonsCross Street

0Block #1Lot #12200TL171126ATM

RSZoning97703Zip CodeORStateBendCity

62769 NW Imbler Dr #1AddressNWSectionBend/Tumalo/AlfalfaArea





Land

Comps

11

One of the last available lots in Phases 20-22 of NorthWest Crossing, offering all of the benefits of NorthWest Crossing with the closestproximity to the Galveston Ave. business district and Westside amenities. Situated just down the street from Sunset View Park. NorthWestCrossing is an award-winning neighborhood offering a lot of demographic and housing diversity, coupled with school and a businesscommunity.

Marketing Remarks

Please contact the Skjersaa Group at 541-383-1426 (7 days a week) with questions. Listed by Terry Skjersaa, Jason, Boone, Mollie Hoganand Cole Billings. Jason Boone is the lead broker and will negotiate the sale.

Agent Remarks

Architectural Design GuidelineOther Restrictions

Utility Comments

Zoning Comments

Water Comments

Irrigation Comments

Sewer/septic CommentsVacant landCurrent Use

Directions

95.54LPSP %$219,900Orgnl PriceVonnie GreenSell AgentAlleda Real EstateSell Office

OtherType of Financing$210,100Selling Price:03/15/18Closed Date02/20/18Pending Date


Co-List Office541-382-8262Duke Warner RealtyList Office

Co-List Agent541-383-1426Terry O SkjersaaList Agent

Ph

02/01/18List DatePhThe Souther CompanyOwner

YesSign on PropertyNew Loan,CashTerms

PavedRoad

Park,Paved StreetsCommunity


View

Additional Bldgs



NoMfg Housing AllowedNoIrrigationHigh LakesElem School



0.00HOA Amt64 ft x 133.75 x 63.98 x 133.66Lot Dimensions


YesCC&RNorthWest CrossingAdditionNW 18th St.Cross Street

N/ABlock #824Lot #02900TL171231CBTM


2348 NW Drouillard AveAddressNWSectionBend/Tumalo/AlfalfaArea





Land

Comps

12

The West Hills of Bend, a rare opportunity to build your next home, or that spec house that you have been planning in your head. Over9,300 square feet of land with a small landscape easement in the front corner. Fairly level for an easy build including a few large trees. In anestablished neighborhood that is convenient to all that Bend living has to offer. Just a block from Hillside Park.

Marketing Remarks

West Hills, rare vacant lot. 9300 sf, fairly level for an easy build. This property has a landscape easement that will remain naturally scaped.This easement in s/w corner of 25.5' street front x 60' deep. See the map. The remaining 7,475 square feet of land is yours to use for a singlefamily home as per The West Hills.

Agent Remarks

Deed restrictions: CLAOther Restrictions

Utility Comments

Zoning Comments

Water Comments

Irrigation Comments

City sewerSewer/septic CommentsBare landCurrent Use

Directions

95.56LPSP %$225,000Orgnl PriceJason McAlisterSell AgentLowes Commercial/Residential BranchSell Office

CASHType of Financing$215,000Selling Price:05/09/18Closed Date04/16/18Pending Date


Co-List Office541-549-2002Ponderosa PropertiesList Office

Co-List Agent541-410-1556Carol DavisList Agent

Ph

04/02/18List DatePhChunn,Annette Jo & C JohnOwner

YesSign on PropertyCashTerms

PavedRoad

Paved StreetsCommunity

At StreetSewer/SepticAt StreetExist Water

CityView

Additional Bldgs



NoMfg Housing AllowedNoIrrigationHigh LakesElem School



0.00HOA AmtIrr.Lot Dimensions


YesCC&RWest HillsAdditionNW 12thCross Street

4Block #Pt. 16Lot #00803TL17-12-30DCTM


1250 NW Trenton AveAddressNWSectionBend/Tumalo/AlfalfaArea





Land

Comps

13

Gorgeous Discovery Park lake and park views in one of the last available lots in Shevlin Crest! Don't wait, check out the water views andtwinkling lights off the water at night! Suitable level lot for single home or build up to take advantage of the views. This .21 acre lot is southfacing, for maximum sunlight! Access from back of lot to enjoy off leash dog area, paddle boarding, kayaking & swimming! Amazinglocation, close to NWX, restaurants and Saturday market!

Marketing Remarks

Other Restrictions

Utilities to property lineUtility Comments

Zoning Comments

Water Comments

Irrigation Comments

Sewer/septic CommentsCurrent Use

Mt. Washington, W on NW Shields, rt on Shevlin Crest, Left on CeliloDirections

96.29LPSP %$285,000Orgnl PriceJason BooneSell AgentDuke Warner RealtySell Office


CommFixedFV2.75%

CSB%[email protected] Email

541-382-4123Coldwell Banker Morris Real EstateCo-List Office541-382-4123Coldwell Banker Morris Real EstateList Office

541-480-8488John S GidleyCo-List Agent503-851-5321Tiffany R GidleyList Agent

Ph

12/19/17List DatePhMyers,Yalonda NOwner

YesSign on PropertyNew Loan,CashTerms

PavedRoad

Park,Paved Streets,Gas AvailableCommunity


Terrain,Lake,Water,Mountain OtherView

Additional Bldgs


Irrig AcresCascadeJrHi School

NoMfg Housing AllowedNoIrrigationWilliam E. MillerElem School





YesCC&RShevlin CrestAdditionShevlin Crest DriveCross Street

--Block #53Lot #11500TL171125CCTM

RSZoning97703Zip CodeORStateBendCity

2911 NW CeliloAddressNWSectionBend/Tumalo/AlfalfaArea





Land

Comps

14

Land

Page 1Property Type: Land Include Property Subtype: Lots/Land < 1 acre Area: Bend/Tumalo/Alfalfa ZIP: 97703 Status: Sold (3/1/2018 or after) Lot Size: .15ac to .25 ac

Listings as of 10/10/2018 12:26:41 PM

CMA Report

SP % LPSale PriceList PriceOrig PriceDOM/ CDOM$/AcreDateSqFtAcreMapCityAddress

Sold

97.31s163,000167,500174,500366/366905555.5603/23/18ac0.18000.1800Bend2929 NW Chardonnay L

102.94s175,000170,000290,000347/347875000.0008/10/18ac0.20000.2000Bend62769 NW Imbler Dr #1

95.54s210,100219,900219,90042/421050500.0003/15/18ac0.20000.2000Bend2348 NW Drouillard Ave

95.56s215,000225,000225,00037/371023809.5205/09/18ac0.21000.2100Bend1250 NW Trenton Ave

96.29s272,500283,000285,000122/1221297619.0504/20/18ac0.21000.2100Bend2911 NW Celilo

210,100Median163,000Low272,500High

97.53207,120213,080238,880183/1831030496.83.2Averages5Listing Count

207,120213,080238,880183/1831030496.83.2Averages5Property Type Count



Presented By: Daniel B Kemp / Compass Commercial Real Estate Services Phone:

Land

Comps

15

Property

PhotosProperty Photos

16

Property

Photos

17

Unlike resort communities such as Aspen or Jackson Hole, Bend’s lifestyle and quality workforce is a draw for many successful companies in the aviation, manufacturing, renewable energy, high-tech, healthcare and recreation equipment sectors. Many of Bend’s companies are owner-operated and in the small to midsize range, typically with 10 to 50 employees. Companies like Breedlove Guitars, G5 Search Marketing, Deschutes Brewery, Hydro Flask and Bend Research provide solid employment and bring in vital traded-sector dollars to Bend’s economy.

SOURCE: http://www.edcoinfo.com/communities/bend-profile/

Bend, Oregon Profile

Situated on the eastern edge of the Cascade Range along the Deschutes River, Bend joins forested mountain highlands and high desert plateaus, offering a diverse range of scenery and outdoor activities. The largest city in Central Oregon, Bend is the commercial, recreation and social center of the tri-county region and also serves as the county seat of Deschutes County. It covers 32 square miles and sits at an elevation of 3,625 feet. Bend is noted for its scenic setting and year-round recreational activities.

LIFESTYLE

Bend has a deserved reputation for attracting lifestyle migrants — urban dwellers who seek amenities typically associated with a larger metropolitan area, but yearn for the recreational pursuits of the great outdoors, a beautiful setting, and an accessible community feeling. As such, the city attracts families and entrepreneurs from all of the West Coast metro areas and some from other major population centers. Many residents remark that despite its population size of 82,000, Bend has retained its small town atmosphere and ‘feels’ smaller than its size would suggest. The city has been adopted as a gateway for many outdoor sports, including mountain biking, skiing and snowboarding, dog sled racing, fishing, hiking, rock climbing, white-water rafting and golf. There is also a sizable cluster of individuals drawn to Bend for artistic pursuits, ranging from photography to sculpture, from water color to metal working. Bend’s beer brewing industry and restaurant scene is also a draw for tourists and locals.

DEVELOPMENT

Economically, Bend started as a logging town, but began a transition to a more varied, sustainable economy in the 1980’s when it became apparent that the lumber mills would no longer be vital. Economic Development for Central Oregon (EDCO) was born in the dark days of the 1980’s, when many downtown businesses were boarded up.

Regional

Overview

18

Regional

Overview

Central Oregon Profile

The cities and communities that comprise Central Oregon are Bend, Redmond, Sisters, Sunriver, Prineville, La Pine, Madras, and Warm Springs.

Central Oregon has led the state’s population growth over the last two decades; in fact, Deschutes County continues to be one of the fastest growing areas of the country. A lesser known fact is that our region has also topped the state in job growth over the past ten years, creating a region that’s characterized by dynamic small businesses and entrepreneurial activity. The region boasts strong clusters in high technology (software, hardware and energy), advanced manufacturing, biosciences, renewable energy, brewing & distilling, value-added food products, and recreation equipment.

For most new residents, Central Oregon is a lifestyle choice, offering a friendly environment, year-round recreation options, and world class amenities — all with a hassle-free, small town feel. From a ranch in Prineville to an upscale urban condo in Bend, the region presents a rare diversity of places to live.

The region is served by Roberts Field, a commercial airport offering service at Redmond Municipal Airport (RDM, www.flyrdm.com) provided by American Airlines, Alaska Airlines, Delta and United. These carriers offer approximately 21 commercial flights daily to and from San Francisco, Portland, Seattle, Los Angeles, Salt Lake City, Phoenix and Denver.

Six major public school districts serve over 32,000 students; there are also 30 private schools in the region. The region is also home to Central Oregon Community College (COCC) and Oregon State University – Cascades, a four-year university.

SOURCE: http://www.edcoinfo.com/communities/

Sisters Downtown

OSU Cascades in Bend

Redmond Airport

Bend Downtown and Mt. Bachelor

19

DISCLAIMER: The information contained herein has been given to us by the owners of the property or obtained from sources that we deem reliable or are based on assumptions that are considered reasonable and accurate. Although the broker has used reasonable care in obtaining data and mak-ing estimates and the projections based upon this data, this material is submitted without representation or warranty. This brochure has been prepared solely for informational purposes to assist a potential purchaser in determining if there is a desire to proceed with an in-depth investigation of the property. Neither the Sellers nor any of its officers, employees or representatives make any representation or warranty, expressed or implied, as to the accuracy or com-pleteness of the information set forth in this Offering Pack-age or any aspect of the property of improvements herein. Interested parties are expected to review, independently, all documents and other matters relating to the property and improvements in order to verify the accuracy and com-pleteness of the information contained herein.

EXCLUSIVE: The property represented herein is exclusively listed for sale by Compass Commercial Real Estate Services

and RE/MAX Out West Realty. All negotiations for the purchase shall be conducted through Compass Commercial Real Estate Services and RE/MAX Out West Realty.

Please do not disturb tenants or management.

Questions concerning this offering should be directed to:

NoticesNotices

www.compasscommercial.com

541.383.2444www.krisrees.com

541.516.0695DAN KEMP, BROKER

[email protected] REES, [email protected]

Brokers are licensed in the state of Oregon

Documents

FOR SALE Opportunity with House - LoopNet · 2018-11-28 · House Size: 4,109 SF Year Built: 1987 Price: $2,900,000 Highlights Develop Smaller Lots — unique opportunity to subdivide