1826 C ST, Forest Grove, OR 97116

$2,400,000
List Price
$2,400,000
Days on Market
51
MLS#
19364845
Property Type
Multifamily
Lot Size
0K to 2, 999 SqFt
Region
Hillsboro, Forest Grove
Status
Active

Property Description

INVESTMENT PROPERTIES. PACIFIC UNIVERSITY STUDENT HOUSING. SIX (6) three bedroom, 3.5 bath, garage town-home. Walk to campus. Property overbuilt for long-term hold. No HOA - property management and tenants in place. Call listing Broker for projected cash proforma, lease and investment collateral. Excellent 1031 Exchange opportunity. Please do not disturb tenants - Make offers conditional to inspection.

Additional Information

Tax Amount
$20,914
Year Built
2007
High School
Forest Grove
Elementary School
Joseph Gale
Middle School
Neil Armstrong
Stories
3
Subdivision
C Street Townhomes
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
Other
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Cement Siding, Shingle Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
Territorial
Sq Ft Approximate Building Total
12696
Capitalization Rate
5.17
Operating Expenses Actual
23000
Gross Income Actual
144000
Gross Rent Multiplier
16.67
Net Income Actual
124000
Occupancy Types
Leased
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
6
Unit Type One Baths Total
4
Unit Type One Beds Total
3
Unit Type One Rent
2000
Unit Type One Sq Ft
2116
Unit Type One Units Total
1
Unit Type Two Baths Total
4
Unit Type Two Beds Total
3
Unit Type Two Rent
2000
Unit Type Two Sq Ft
2116
Unit Type Two Units Total
1
Unit Type Three Baths Total
4
Unit Type Three Beds Total
3
Unit Type Three Rent
2000
Unit Type Three Sq Ft
2116
Unit Type Three Units Total
1
Unit Type Four Baths Total
4
Unit Type Four Beds Total
3
Unit Type Four Rent
2000
Unit Type Four Sq Ft
2116
Unit Type Four Units Total
1
Unit Type Five Baths Total
4
Unit Type Five Beds Total
3
Unit Type Five Rent
2000
Unit Type Five Sq Ft
2116
Unit Type Five Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Bain.

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