The Meadows Apartments

1184 NE Turner Dr, Hillsboro, OR 97124

Price$1,825,000

Number of Units10

Building Size7,800 sqft

Price/Unit$182,500

Property TypeMultifamily

Sub Type2 Story, Wood Frame

Cap Rate6.61%

Highlights

Easily Accessible — Minutes from downtown Hillsboro and Hillsboro Airport
Exterior Upgrades — New exterior paint
Close to Intel — Close proximity to Intel Jones Farm Campus
Laundry Amenities — Owned laundry for added income

Description

Built in 1969, The Meadows Apartments are unique among the housing choices in Hillsboro, Oregon. The property is comprised of 10 apartment homes which include a desirable unit mix of three one-bed/one-bath units and seven two-bed/one-bath units. The property offers plentiful off-street parking, low maintenance landscaping, and on-site laundry facilities.

The Meadows Apartments are comprised of a single two-story building with wood siding and a pitched composition roof.

Listing broker is property owner.