This Multifamily Property is Off-Market.

3015 Pacific Ave.
Forest Grove, OR 97116 ·

39 Units · Multifamily For Sale

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The Vandervelden Apartments

Price N/A Property Use Type Investment
No. Units 39 Cap Rate 8.19%
Building Size 23,050 SF Gross Rent Multiplier 7
Property Type Multifamily Occupancy 100%
Property Sub-type Garden/Low-Rise Lot Size 0.52 AC
Listing ID: 13500496 Date Created: 06/25/2002 Last Updated: 02/20/2003

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.

Highlights

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

Research

3015 Pacific Ave., Forest Grove, OR 97116 (Washington County)

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