One of the most needed and exceptional multifamily development sites in the entire state of Oregon. This development land is 7.8 net buildable acres zoned high-density multifamily plus 10.4 net remaining acres of hillside zoned low-density residential with spectacular south-facing views. This multifamily site can be expanded as much as 3.95 acres, for a potential total of 11.75 buildable acres, by optionally purchasing adjacent lots available. Seller will carry with very flexible terms. The second hillside lot can be purchased concurrently with a multifamily lot, but with separate terms. An intensive due diligence study of the site has already been completed, with all the information needed to make a completely informed decision.