A Development Site
With a Head Start.
RM zoned. Previously approved for 20 units. Architectural, civil, and landscape plans available. 0.95 acres across two parcels. Three investment structures on the table.
What You Are Getting Into
Two parcels totaling 0.95 acres in SW Bend, zoned RM for medium-density residential. The City of Bend approved a 20-unit apartment concept here in 2021. Those approvals have since expired but they establish a clear re-entitlement path, and the design work is done. Architectural, civil, and landscape plans transfer with the sale.
Early site work was completed: demolition, clearing, grading, initial excavation, and septic decommissioning. 2 miles from the Old Mill District. Close to the Deschutes River Trail. Coulter Grove Park opens directly across the street in Summer 2028.
Coulter Grove Park Is Being Built Right Across the Street
Bend Park and Recreation District acquired 3.1 acres at 20185 Reed Lane and is actively designing a new neighborhood park. Fully funded at $1.75 million. Active design phase now. Completion estimated Summer 2028.
Basketball, bocce, playground, covered picnic, open lawn, walking paths, and native woodland restoration. BPRD builds it, funds it, and maintains it. Your future residents benefit from day one — without you spending a dollar on amenities.
Native woodland and grassland trails. Central adaptable lawn. Imaginative nature play. Sound wall buffer from US 97.
Rooted in the existing mature tree grove. Hammocks and picnic nestled in the trees. Basketball and lawn along the perimeter.
Community backyard feel. Basketball, bocce, exercise stations, and play area in an active center. Flexible lawn and covered picnic surrounding.
The seller is motivated and flexible. Co-invest, carry the land, or buy it outright. Bring your model.
Co-Investment with Owner
Seller stays in as an equity partner. Shared upside, lower capital at close, motivated seller who needs the project to succeed.
- Seller remains as equity co-investor
- Reduces developer upfront capital
- Aligned incentives throughout
- Terms structured for qualified partners
Seller Carry
Seller finances the land. You control the project and timeline. Can combine with co-investment for a mixed structure.
- Seller carries land note
- Developer controls all decisions
- Flexible terms for qualified buyers
- Mix of carry and equity considered
Outright Purchase
Clean acquisition of both parcels. All plans and site documentation transfer with the sale.
- Both parcels sold together
- All plans and approval history included
- Full due diligence package available
- Price on qualified inquiry
Architectural, civil, and landscape plans are available to qualified buyers. Contact Tiffany for the full due diligence package.
Additional documentation available upon request including title research and site work records.
Ready to Take a Closer Look?
Call or email to request the full development package and discuss which investment structure fits your model.
Ready to move forward?