415 Malhi Ln, Boardman, OR 97818

Details
Price$6,500,000
Tax Lots15
Acres5.01
ZoneR2
flyermap

Boardman is a city in Morrow County, Oregon, boasting a thriving agricultural economy with key sectors including food processing, agriculture, utilities, and tourism. With significant growth underway, including the development of 23 billion dollars worth of Amazon data center investment, the city faces a housing shortage relative to job opportunities in the near future.

As the largest taxpayer in Morrow and Umatilla counties Amazon Web Services has enabled more than 5,940 jobs locally in the past few years. Amazon Web Services cloud cluster in Oregon, which has become the primary West Coast deployment zone, the company is continuing its expansion plans in Oregon, with the desire to build more data centers in Morrow County adding billions of dollars of additional investment.

The Malhi Lane Multifamily proposal entails a 60-unit development, upon completion, comprising 15 buildings, each housing fourplexes. Each plex features three bedrooms, 2.5 bathrooms, a great room, kitchen, and a full 300 SF car garage, spanning 1,500 livable SF with an open floor plan on both lower and upper levels. The project was acquired, inclusive of property, approved city plans, and permits. Currently 3 structures and 12 units are completed and permitted with certificates of occupancy. The horizontal construction is complete and ready for the remaining verticals to be finished out. The project is professionally managed by Secure Property Management.

“Amazon Web Services has been in Eastern Oregon for a number of years and we’ve invested over $22.9 billion in Morrow and Umatilla counties,” said Shannon Kellogg, Amazon’s vice president of Public Policy for the Americas. “We’re the largest taxpayer in Morrow and Umatilla counties because of the scale of that investment in 2022 alone, an investment that has enabled more than 5,940 jobs locally.”

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