1270 Pacific Avenue
10 duplexes, 20 units
Marketing description
These are newer construction duplexes situated just 3 blocks from Pacific University in a great college town location with strong rental demand. The properties feature good street appeal and are convenient to campus, downtown Forest Grove, and commuting routes.**Portfolio Pricing Options:**- 3 duplexes: $660,000 each- 6 duplexes: $645,000 each ($3,870,000 total)- All 10 duplexes: $6,300,000 totalCurrent combined monthly income for all 10 properties is approximately $42,000 +. Roughly half of the $6.3M portfolio purchase price may qualify for loan assumption at a low interest rate. This is an excellent opportunity for investors seeking residential income property in Forest Grove.
Investment highlights
newer construction, built in 2021
Very close to campus, proximity is important and housing in a college town is always limited.
This is an excellent opportunity for investors seeking residential income property in Forest Grove. Newer development allows you Low Maintenance cost.
Fabulous 1031 Exchange Property.
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