101 Multi-Family Development Site
King County, Washington
Sealed Bid
Auction Details

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PUBLISHED RESERVE: $800,000

LAST ASKING: First Time Offered

SIZE: 2.37± acres

ZONING: Mixed Use (Multi-Family)

PROPERTY INSPECTION: At Any Time

FINANCING: Subject to Seller's approval of Purchaser's credit: A 30% down payment with the balance secured by a first deed of trust, amortized over 20 years at 7 % interest, calling for monthly payments of principal and interest; all due and payable at the end of 5 years.

DESCRIPTION: This 2.37± acre multi-family development site is located near Quadrant's planned community of Snoqualmie Ridge. This multi-family development site has the potential for up to 40 units, with a requirement for 19 affordable income units. This parcel is well-located and within walking distance of most required services. All utilities are available to the property (charges may apply - see Supplemental Information Package).

LOCATION: From the intersection of Interstate 90 and Highway 18, follow Snoqualmie Parkway north for approximately 3 miles. The property is on the right. APN #302408-9092-08.

SEALED BIDS DUE NO LATER THAN 5:00 P.M., NOVEMBER 18, 2009


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