1043 & 1051 Bypass Drive - R-4 Zoned MF Lot 3.88 Acres - 168 Units

168 Unit multifamily R-4 lot. 3.68 Acres. All utilities on site, Geotech report completed. Flat graded lot that is permit ready without any additional site development requirements. one mile from main WSU campus entrance and located on bus route and close to Pullman shopping district on Bishop Blvd R-4 Zoned Multifamily Development lot for sale - 3.88 Acres - 168 Units - ?Pullman Washington 99163 For Sale R-4 Zoned – 168 unit multifamily development site – 3.88 Acres Common Address: 1043 & 1051, SE Bypass Drive, Pullman, Washington 99163 APN: Lot 1, Block 3, Palouse business Center Sub: 1-1203-00-03-01-0000 APN: Lot 2, Block 3 Palouse Business Center Sub: 1-1203-00-03-02-0000 Zoning: R-4, = 168 multifamily units without any additional density increases Lot Size: 3.88 acres = 168,995 square feet. Offering Price: $3,690,000. Fee simple sale or equity participation Parcel Specific Details: This parcel consists of two lots, Lot 1 & 2, Block 3 Palouse Business Center South Bypass Street frontage - Main Arterial Property served by Pullman transit services with direct link to WSU Campus Located next to existing new multifamily development & Sunrise City Park and bike, walking trails includes existing city sidewalk improvements along South Bypass Street frontage Parcel has existing curb cut driveway access Unobstructed territorial views to the East, Southeast and Northeast No on-site storm water detention required - Regional storm water detention in place – Onsite predischarge Biofiltration is required via grassy swale or similar Convenient proximity to Pullman Regional Hospital, Bishop Blvd shopping district and Walmart Full site Geotech / soils report on file and available for both lots Mass grading has been completed - flat level buildable site ?Site utilities include redundant fiber, natural gas, single and three phase power multiple storm sewer connections multiple 8” water and fire flow connections Palouse Business Center Details: 43 Acre Business Park development consisting of 21 large, medium, and small commercial & residential lots. All lots zoned commercial are C-3 which includes a wide Variety of uses including mix-use residential. Subdivision is completed and all lots are permit ready Park like setting Great proximity to medical facilities, transit, shopping and restaurants, many lots will feature panoramic regional views. Protective covenants and restrictions in place to ensure high quality building standards within the Business Center. Owners Association to manage the common areas, community signage and street landscaping and enforce the CC&R’s. Regional storm water detention system with pond water feature and a new City of Pullman Sunrise Park which is fully landscaped. Bike and walking paths throughout the Business Park and subdivision. Neighborhood electric car charging station installed 2015. Development Advantages & Benefits: Regional Storm water detention eliminates the need for individual on site storm water storage / Detention thus saving 10-15% of lot area that can be developed instead of reserved for the storm water detention system and correlates to a savings of $25,000 to $50,000 per lot. 8? water line run to all lots for domestic water supply and to meet fire flow requirements, eliminates the need for future street crossing to install new fire hydrants and additional cost saving of $15,000 to $20,000 per lot. Single and Three phase power available. Lot specific soil engineering (Geo-tech) reports included with each lot eliminating the need for new reports at time of construction saving $7500 to $15,000 per lot. Bike and walking paths throughout the Business Park and subdivision. All lots are graded and engineered to their final configuration and elevation to avoid the need in the future for mass off-site hauling and dumping or importing of fill materials. This provides each lot a savings of $150,000 and $300,000 in future excavation costs per lot. All lots are flat pad ready sites ready for building permit & site plan submittal including topsoil and seeding of all surfaces to prevent erosion. All lots are vegetated with field grasses Multiple fiber connections to each lot for high-speed redundant connection to the Internet. Only location in Pullman this is available Regional storm water detention system with pond water feature and a new City of Pullman Sunrise Park which is fully landscaped and includes bike and walk paths. Available Documents: Plat Maps All civil improvement drawings and plans Individual lot geo-tech reports As built topo maps