19th Place 10-Plex

2716 19th Place, Forest Grove, OR 97116

19th Place 10-Plex
Price$1,300,000
Number of Units10
Building Size6,660 sqft
Price/Unit$130,000
Property TypeMultifamily
Cap Rate6.37%

Highlights

  • Environmentally Friendly — Energy Efficient Vinyl Windows
  • Parking Amenities — Off Street Parking Available
  • Easily Accessible — Great Location in Close Proximity to Hwy 26 and Area Employers
  • Natural Amenities — Patios, Balconies & Greenspace
  • Laundry Available on Site — Laundry Facility On Site for Additional Income

Description

The 19th Place 10 Plex is located in the desirable suburb of Forest Grove, Oregon, which lies southwest of Portland. Just blocks from the downtown Forest Grove area, residents can enjoy many entertainment, dining, and shopping options.

The property is comprised of one building with 10 apartment homes. There are nine two-bedroom/one-bath units and one studio/one-bathroom unit.

The property offers off-street parking with an attached asphalt parking lot, onsite laundry, and newer roof.

Financial Summary

  • Pro Forma NOI: $82,873
  • Pro Forma Cap Rate: 6.37%

Contact Listing Broker

Christopher Tennis

971-645-7693

Tennis@PounderRealty.com

Previous Next
Close
Test Caption
Test Description goes like this