$6,000,005. Lacamas Northshore in Camas, WA Acres High Demand Land Zoned Business Park and Multifamily

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1 $6,000, Acres High Demand Land Zoned Business Park and Multifamily Multi-Family Land can accommodate up to 367 units MF10 Zoned for Townhouse / Cottage Build MF18 Zoned for 2-3 Story Apartment / Condo Build 560 Acre Master Planned Development zoned for Commercial, Business Park & Luxury Housing Sewer Build in Process New Arterial Road Plan 16 Miles to PDX FOR SALE: Lacamas Northshore Development Property

2 Lacamas Northshore Development Property in Camas, WA Acres High Demand Land Zoned Business Park and Multifamily FOR SALE: LACAMAS NORTH SHORE Just listed are 3 different parcels totaling approximately 85 acres on the north shore of Lacamas Lake in the burgeoning city of Camas, WA, approximately 20 miles from Portland, OR. The three parcels consist of 35 acres zoned low density multifamily (MF-10), 21 acres zoned high-density multifamily (MF-18), and 26 acres zoned Business Park (BP). Based on the estimated usable acreage and a development agreement with the City of Camas, up to 367 units can be built on the multifamily parcels. The land is offered as a package sale at a price of $6,000,005. The owner would consider offers on the separate use parcels. Camas, Washington was rated by one publication in 2014 as one the 10 best community to live in the in the United States and is home to some of the highest rated public schools in the State of Washington. There are numerous significant businesses that have located large campuses in the Camas area including Georgia Pacific, Hewlett Packard, Wafertech, Underwriters Laboratories, Linear Technologies, Nautilus, and Furuno (among others). Demand for housing in Camas has historically out-performed all other areas of Clark County, WA, and is currently at an all time high, with the median Camas Home value being 20% higher than the median value county wide. There is a general lack of rental housing available in and around Camas, with the few Class A apartment complexes near the city operating at near 100% occupancy with waiting lists. Lacamas North Shore (LNS) is a 520 acre area near Lacamas Lake that was brought into the Urban Growth Boundary in A new sewer bond measure providing gravity flow sewer to the property has passed, and a new proposed road plan is currently being vetted by the City of Camas. The Offering

3 Parcel acres zoned low density multifamily (MF-10) Estimated Value $ acres zoned MF-10 Approximately 22 usable acres can accommodate up to 150 units 4 units per acre, possible clustered townhomes or cottages Potential lake view property Tax id# Parcel 1

4 Parcel acres zoned mid density multifamily (MF-18) Estimated Value: $2,250, acres zoned MF-18 Estimated usable land would allow for construction of 207 multifamily units in clustered townhomes or apartments Potential lake view property Tax id# Parcel 2

5 Parcel acres zoned Business Park (BP) Estimated Value: $1,880, acres zoned (LNS- BP Approximately 22 usable acres Tax id# Owner belives the BP land would be more suitable for multifamily use Parcel 3

6 85.62 Acres High Demand Land Zoned Business Park and Multifamily City of Camas Pending Road Plan Vanacouver,WA

7 85.62 Acres High Demand Land Zoned Business Park and Multifamily Owner s Alternate Road Plan Vanacouver, WA

8 Lacamas Northshore Local Map Lacamas Northshore Nearby Businesses

9 Lacamas Northshore Lacamas Northshore Regional Map

10 Lacamas Northshore Amenities 367 Units Possible MF10 Zoned for Townhouse / Cottage Build MF18 Zoned for 2-3 Story Apartment / Condo Build 560 Acre Master Planned Development zoned for Commercial, Business Park & Luxury Housing Sewer Build in Process New Arterial Road Plan 10 Miles to PDX

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