$1.69M
Below market rents leave some room to expand the investment numbers
7.4% cap rate on pro forma based rents
4.68% on actual rents
2 bed / 2 bath condos, ~972 SF
10 units, each individually deeded to the same owner, allowing flexibility for a new buyer to lease or sell the units
Built solidly in 1980, professionally managed with amazing curb appeal
2 units have been updated with an open-concept kitchen, granite and maple cabinetry, new appliances, energy-efficient windows and doors
Central heating
Each condo sports either a private patio or balcony
Excellent walk and bike scores (82, 81)
Surface lot parking
Top-rated schools and lush parks nearby; easy transit access to Beaverton Transit Center
Close proximity to Tualatin Valley Highway (State Highway 8 or TV Hwy)