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Kimberly Court 3860 SW 178th Ave 10 Unit Apartment Building $1,690,000 ($169,000/Unit) Beaverton, OR 97007
EXECUTIVE SUMMARY
$1.69M
Below market rents leave some room to expand the investment numbers
2 bed / 2 bath condos, ~972 SF
10 units, each individually deeded to the same owner, allowing flexibility for a new buyer to lease or sell the units
Built solidly in 1980, professionally managed with amazing curb appeal
2 units have been updated with an open-concept kitchen, granite and maple cabinetry, new appliances, energy-efficient windows and doors
Central heating
Each condo sports either a private patio or balcony
Excellent walk and bike scores (82, 81)
Surface lot parking
Top-rated schools and lush parks nearby; easy transit access to Beaverton Transit Center
Close proximity to Tualatin Valley Highway (State Highway 8 or TV Hwy)
Below market rents leave some room to expand the investment numbers
2 bed / 2 bath condos, ~972 SF
10 units, each individually deeded to the same owner, allowing flexibility for a new buyer to lease or sell the units
Built solidly in 1980, professionally managed with amazing curb appeal
2 units have been updated with an open-concept kitchen, granite and maple cabinetry, new appliances, energy-efficient windows and doors
Central heating
Each condo sports either a private patio or balcony
Excellent walk and bike scores (82, 81)
Surface lot parking
Top-rated schools and lush parks nearby; easy transit access to Beaverton Transit Center
Close proximity to Tualatin Valley Highway (State Highway 8 or TV Hwy)
PROPERTY FACTS In Escrow
| Price | $1,690,000 | Lot Size | 0.10 AC |
| Price Per Unit | $169,000 | Building Size | 10,000 SF |
| Sale Type | Investment | Average Occupancy | 98% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | Parking Ratio | 2.4/1,000 SF |
| Building Class | C | ||
| Zoning | MFR3 | ||
| Price | $1,690,000 |
| Price Per Unit | $169,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 2.4/1,000 SF |
| Zoning | MFR3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 10 | - | 972 |
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (81)
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Kimberly Court | 3860 SW 178th Ave
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