Historical Multifamily Sale Listing - The Vandervelden Apartments

Multifamily For Sale

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The Vandervelden Apartments

3015 Pacific Ave., Forest Grove, OR 97116

N/A

39 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
39
Building Size:
23,050 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
8.19%
Gross Rent Multiplier:
7
Occupancy:
100%
Lot Size:
0.52 AC
Listing ID
13500496
Last Updated
over 1 year ago

Highlights

  • Great Forest Grove Location
  • Close to Shopping & Schools
  • No New Construction in Area

Description

39 unit apartment property. Seven Studios, Thirteen 1 bdr/1 bath, Seventeen 2 bdr/1 bath, One 3 bdr/1 bath & One 3 bdr/1 bath house. Laundry facilities on site. History of steady occupancy.

Forest Grove is a city of 17,709 people located 24 miles west of Portland, Oregon, a vibrant metropolitan area with a population of 1.9 million. Surrounded by the rich and productive farmlands of the Tualatin Valley, Forest Grove offers urban amenities in a striking rural setting.

Map of 3015 Pacific Ave., Forest Grove, OR 97116

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