Wholesale

Development Opportunity, 29 acres available

4055 Spicer Dr, Albany, OR 97322

$6,500,000 After Repair Value -
$1,500,000 Asking Price -
$0 Cost of Repairs =
$5,000,000 Potential Profit

Property Details

Asking Price $1,500,000

After Repair Value $6,500,000

Costs of Repairs $0

Potential Profit $5,000,000

Living Area N/A

Property Type Multi-Family

Bedrooms +7

Bathrooms +7

Half Bathrooms 1

Parking 1

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $1,075,200

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

Medium Density, 3 acres, divided as 1 acre parcels. build 3 apartment buildings 64 units, townhome community, subdivide into 2500 sq ft parcels, on the 3 acres; adjacent properties are available for a total of 26 additional acres. Sewer plan in hand, water, electric, high-speed internet available. Annex into the city, all fees will be waived to hook up to water and sewer.

CONTACT LISTING OWNER

Debi Hauer

Free Member

Get direct access to the seller

Save as Favorite
Write a Note

Ask the Seller

Questions on 4055 Spicer Dr, Albany OR

Waiting for the seller to respond your question.

This form is for general questions only. Asking for personal information is not allowed.

Nearby Deals

Some random deals around the area (20)

Hundreds of properties in Oregon! Check Deals in Oregon

85018 TumALum Rd

MILTON-FREEWATER, OR

Nice Property Under Market Value

After Repair Value $1,000,000

- Asking Price $1,370,000

- Repair Costs $0

0%

Potential Profit

$0

91844 Rulyville Rd

CLATSKANIE, OR

91844 Rulyville Road , Clatskanie, OR 97016

After Repair Value $350,000

- Asking Price $350,000

- Repair Costs $0

0%

Potential Profit

$0

7785 SW Village Greens Cir

WILSONVILLE, OR

Great home in Charbooneau

After Repair Value $778,995

- Asking Price $798,800

- Repair Costs $0

0%

Potential Profit

$0

5312 NE Lucky Gap St

NEWPORT, OR

Great Home, Great Location! Ocean beach property waiting for you.

After Repair Value $789,000

- Asking Price $789,000

- Repair Costs $0

0%

Potential Profit

$0

Puffin Ln

MANZANITA, OR

0.11 acres, Available in Tillamook, OR

After Repair Value $120,000

- Asking Price $80,000

- Repair Costs $0

33%

Potential Profit

$40,000

Valley View Dr

NESKOWIN, OR

0.56 Acres Available in Neskowin City, OR

After Repair Value $140,000

- Asking Price $129,000

- Repair Costs $0

7%

Potential Profit

$11,000

108 2nd St

GRASS VALLEY, OR

NICE PROPERTY, IN WALKING DISTANCE OF PARKS AND STORES

After Repair Value $95,000

- Asking Price $95,000

- Repair Costs $0

0%

Potential Profit

$0

83619 Clear Lake Rd

FLORENCE, OR

Oregon Coast Property with Lake Frontage and Pacific Ocean Views

After Repair Value $5,200,000

- Asking Price $5,200,000

- Repair Costs $0

0%

Potential Profit

$0

301 Otter Crest Loop

OTTER ROCK, OR

Coastal Getaway - Seller Financing Available

After Repair Value $50,000

- Asking Price $49,500

- Repair Costs $0

1%

Potential Profit

$500

4822 Coleman Creek Rd

MEDFORD, OR

RENT TO OWN BEAUTIFUL PROPERTY

After Repair Value $921,400

- Asking Price $921,400

- Repair Costs $0

0%

Potential Profit

$0

6 Allynpine Rd, Chiloquin OR 97624

CHILOQUIN, OR

Find Your Freedom on 1.54 AC Near Sprague River, OR - Endless Recreation

After Repair Value $8,000

- Asking Price $5,499

- Repair Costs $0

31%

Potential Profit

$2,501

57915 OR203

UNION, OR

RARE MOUNTAIN PROPERTY-FEW AVAILABLE LIKE THIS- Airbnb history, great investment

After Repair Value $395,000

- Asking Price $499,999

- Repair Costs $0

0%

Potential Profit

$0

5000 Redwood Ave

GRANTS PASS, OR

TEN Private Acres, with Remarkable Victorian

After Repair Value $1,300,000

- Asking Price $849,500

- Repair Costs $40,000

32%

Potential Profit

$410,500

1595 NE 136th Ave

PORTLAND, OR

Dream Garage Includes Luxury Home

After Repair Value $980,000

- Asking Price $980,000

- Repair Costs $0

0%

Potential Profit

$0

7841 SW 172nd Pl

ALOHA, OR

Upgraded Elegant Cooper Mountain Home + Large Private Backyard

After Repair Value $515,000

- Asking Price $515,000

- Repair Costs $0

0%

Potential Profit

$0

13345 NW Glenridge Dr

PORTLAND, OR

Cedar Mill 1/2 Acre Mid Century One-Level For Sale

After Repair Value $435,000

- Asking Price $435,000

- Repair Costs $0

0%

Potential Profit

$0

13895 SW Hargis Rd

BEAVERTON, OR

Wonderful mid-century modern home PLUS fabulous tiny home FOR SALE

After Repair Value $579,950

- Asking Price $579,950

- Repair Costs $0

0%

Potential Profit

$0

6541 SE 89th Ave

PORTLAND, OR

Friends of the Children - Nostalgic Home for Sale

After Repair Value $350,000

- Asking Price $350,000

- Repair Costs $0

0%

Potential Profit

$0

37430 SE Bluff Rd

BORING, OR

Modern Industrial Farmhouse 9+ Acres & Two Large Outbuildings

After Repair Value $1,200,000

- Asking Price $1,075,000

- Repair Costs $0

10%

Potential Profit

$125,000

9249 NW Fullner Ct

PORTLAND, OR

Stunning home and exceptional property for sale in Meadow Ridge!

After Repair Value $1,000,000

- Asking Price $1,000,000

- Repair Costs $0

0%

Potential Profit

$0