Prime Multi-Family Development Opportunity – 10.13 Acres in Kelso, WA. Zoned RMD for up to 17 units/acre, with 5.5 acres usable (per prior appraisal). Preliminary plans for 96 apartment units across eight 3-story walk up buildings. Prime exposure along I-5 at N. Kelso Avenue, offering excellent visibility and space for 151 parking spots.
Plans include 48 one-bedroom (769 SF) and 48 two-bedroom units (967 SF), with an average unit size of 868 SF. Key studies completed (some updating required): title, stormwater, surveys, critical areas, traffic, Geotech, SEPA, giving you a head start on obtaining approvals with less risk and cost compared to raw land. Ideal for developers, Church's or business's seeking prime freeway exposure. Priced to sell at $8,854 p/unit of approx. $155,000 p/developable acre.