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1270 Pacific 20 Unit Apartment Building $8,844,129 CAD ($442,206 CAD/Unit) Forest Grove, OR 97116
Investment Highlights
- Very close to campus, proximity is important and housing in a college town is always limited
- newer construction, built in 2021
- 10 duplexes, 20 units
Executive Summary
Newer construction Fee Simple duplexes located approximately 10 blocks from Pacific University. Assumable Loan. Portfolio Pricing: • 3 duplexes: $660,000 each • 6 duplexes: $645,000 each ($3,870,000 total) • All 10 duplexes: $6,300,000 total. Current combined gross monthly rental income is approximately $42,000. OM available upon request.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Stainless Steel Appliances
- Yard
- Lawn
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 20 | $6,036 CAD | 2,694 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
30/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1270 Pacific
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