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Accepted Offer with Contingencies. One of the last major multifamily development opportunities left in popular North Albany. Property should support 120-150 units prior to any bonus densities. The property is level with no wetlands or natural resource overlay. Previous Conditional Approval for a 36-lot SFR subdivision was granted in 2015 and expired in 2018. Conveniently located near downtown Albany, yet only 15 minutes to I-5 or Oregon State University. Valuable storm drain easement exists over adjoining parcel to the south.
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