TIGARD TERRACE APARTMENTS
Offer Price: $1,300,000
TIGARD TERRACE APARTMENTS 12345 SW Hall Blvd, Tigard, OR 97223
Presented By: Karlin Conklin 503.459.4340 [email protected]
Bill Conklin
503.577.5071 [email protected]
Offering Highlights 24 Units Well-located in improving area with easy access to Pacific Hwy & OR-217 Large Private Decks with every unit On-Site Laundry
Milton Barnes
503.459.4387 [email protected]
Located on bus lines #12 & #78 Excellent value-add opportunity
Sperry Van Ness/Bluestone & Hockley | 9320 SW Barbur Blvd, Suite 300 | Portland, OR 97219 THE INFORMATION HEREIN IS COMPLIED AS OF 05/01/2012, HAS NOT BEEN VERIFIED, AND IS PROVIDED WITHOUT WARRANTY UNLESS OTHERWISE AGREED IN WRITING. READERS ARE ADVISED TO INVESTIGATE AND VERIFY SAME PRIOR TO ENTERING INTO A TRANSACTION. All Sperry Van Ness® Offices Independently Owned and Operated
TIGARD TERRACE
Executive Summary 12345 SW Hall Blvd Tigard, OR 97223 List Price GRM Price Per Unit Price per S.F. CAP
$1,300,000 7.6 $54,167 $83.33 5.03 %
Total Units Building S.F. No. of Buildings Land Acres
24 15,600 4 0.6300
Cross Street Market
SW Knoll Portland Metro
Tax Parcel Number Sub Market
R0460496 Tigard/Tualatin/Sherwood
Year Built Building Class Washer/Dryer No. of Stories Clubhouse
1963 C No 2 No
Roof Type Location Class Fireplaces in Units No. of Parking Spaces
Flat C No 26
Property Descriptions Construction Utilities
4 - 2 story wood frame buildings with flat roofs. Standard urban utilities are available to the property including, electricity, water, sewer, telephone, and internet access. Rubbish collection is also available.
Parking Amenities
26 stalls provided for on-site parking. Onsite Laundry Facility, Private off street entry to units, Private decks or balconies to every unit.
Area
Tigard terrace is located .5 miles from OR-217/Beaverton-Tigard Hwy which gives it excellent accessibility. Tigard Terrace is also .5 miles from OR-99W which is a major connector to the western cities of Newberg and McMinnville. Within 1 mile of Tigard Terrace are a variety of banking, grocery, retail shopping, restaurants, and entertainment. A few of the more recognized businesses are: Costco, WINCO, Babies R US, Fred Meyer, Joann’s, US Bank, Bank of America, Wells Fargo, Regal Theater Tigard 11, Round Table Pizza, and Jiffy Lube. Additionally, there are multiple dentist and optometrist in the area as well as Legacy Meridian Park Medical Center 5 miles away.
Property
Tigard Terrace is a well-located property that caters to renters who are looking for affordability and the convenience of public transportation. Tigard Terrace Apartments was built in 1963 and sits on 27,442 SF of land and is surrounded by multifamily properties to the north, west, and south.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Commercial Real Estate Advisors
Tigard Terrace is a classic valueadd opportunity. The sellers have spend approx. $80,000 in the past year remediating deferred maintenance items. With cosmetic upgrades to the interiors, a future owner has the potential to bring rents to market and to institute a utility bill-back program.
Tigard Terrace is conveniently located near large retailers, banks and grocery outlets.
Please contact Milton Barnes for a full marketing package: [email protected] 503.459.4387
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
TIGARD TERRACE APARTMENTS 12345 SW Hall Blvd, Tigard, OR 97223
Presented By: Karlin Conklin 503.459.4340 [email protected]
Bill Conklin
503.577.5071 [email protected]
Offering Highlights 24 Units Well-located in improving area with easy access to Pacific Hwy & OR-217 Large Private Decks with every unit On-Site Laundry
Milton Barnes
503.459.4387 [email protected]
Located on bus lines #12 & #78 Excellent value-add opportunity
Sperry Van Ness/Bluestone & Hockley | 9320 SW Barbur Blvd, Suite 300 | Portland, OR 97219 THE INFORMATION HEREIN IS COMPLIED AS OF 05/01/2012, HAS NOT BEEN VERIFIED, AND IS PROVIDED WITHOUT WARRANTY UNLESS OTHERWISE AGREED IN WRITING. READERS ARE ADVISED TO INVESTIGATE AND VERIFY SAME PRIOR TO ENTERING INTO A TRANSACTION. All Sperry Van Ness® Offices Independently Owned and Operated
TIGARD TERRACE
Executive Summary 12345 SW Hall Blvd Tigard, OR 97223 List Price GRM Price Per Unit Price per S.F. CAP
$1,300,000 7.6 $54,167 $83.33 5.03 %
Total Units Building S.F. No. of Buildings Land Acres
24 15,600 4 0.6300
Cross Street Market
SW Knoll Portland Metro
Tax Parcel Number Sub Market
R0460496 Tigard/Tualatin/Sherwood
Year Built Building Class Washer/Dryer No. of Stories Clubhouse
1963 C No 2 No
Roof Type Location Class Fireplaces in Units No. of Parking Spaces
Flat C No 26
Property Descriptions Construction Utilities
4 - 2 story wood frame buildings with flat roofs. Standard urban utilities are available to the property including, electricity, water, sewer, telephone, and internet access. Rubbish collection is also available.
Parking Amenities
26 stalls provided for on-site parking. Onsite Laundry Facility, Private off street entry to units, Private decks or balconies to every unit.
Area
Tigard terrace is located .5 miles from OR-217/Beaverton-Tigard Hwy which gives it excellent accessibility. Tigard Terrace is also .5 miles from OR-99W which is a major connector to the western cities of Newberg and McMinnville. Within 1 mile of Tigard Terrace are a variety of banking, grocery, retail shopping, restaurants, and entertainment. A few of the more recognized businesses are: Costco, WINCO, Babies R US, Fred Meyer, Joann’s, US Bank, Bank of America, Wells Fargo, Regal Theater Tigard 11, Round Table Pizza, and Jiffy Lube. Additionally, there are multiple dentist and optometrist in the area as well as Legacy Meridian Park Medical Center 5 miles away.
Property
Tigard Terrace is a well-located property that caters to renters who are looking for affordability and the convenience of public transportation. Tigard Terrace Apartments was built in 1963 and sits on 27,442 SF of land and is surrounded by multifamily properties to the north, west, and south.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Commercial Real Estate Advisors
Tigard Terrace is a classic valueadd opportunity. The sellers have spend approx. $80,000 in the past year remediating deferred maintenance items. With cosmetic upgrades to the interiors, a future owner has the potential to bring rents to market and to institute a utility bill-back program.
Tigard Terrace is conveniently located near large retailers, banks and grocery outlets.
Please contact Milton Barnes for a full marketing package: [email protected] 503.459.4387
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
