Greg Messick
This listing was posted on RealtyWW.
$1,675,000
Home For Sale In Portland, Oregon
Price:
$1,675,000
BR/BA:
10+ BR, 10+ BA
Location:
11445 Sw Greenburg Rd, Portland, OR
Description:
The Greenburg Townhomes are located in the strong sub-market of Tigard, Oregon and are comprised of 8 large townhome style units. Each apartment features 2 bedrooms and 1.5 baths, spacious floor plans, off-street parking, and private back patios. Tenants benefit from a unique oversized lot of nearly half an acre, with ample green space and is located nearby.The property has operated at a historically low vacancy, which is in line with the latest average vacancy rate reported for the Tigard submarket 2BR townhome style units at 2.55% (Multi-Family NW, Fall 2023). This opportunity provides a new owner with a significant and realistic path to organically increase the revenue at lease renewals or turnovers (the average in place is approx. 10-15% below market). There is also a value-add component by implementing a RUBS system in the future, as there is not one currently in place.Excellent access to transportation, via 217, I-5, and 99W ? and along the path of progress as Tigard continues to make improvements in the surrounding areas. The property has been well maintained and provides a stable home for an investor, with a proven path to grow and get up to market rents.For more details: https://realtyww.info/homes_portland-d526078/for-sale_i69622945
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More About this Listing: Home For Sale In Portland, Oregon
Home For Sale In Portland, Oregon is a 10+ BR 10 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale at 11445 Sw Greenburg Rd in Portland OR. Find other listings like Home For Sale In Portland, Oregon and listings near 11445 Sw Greenburg Rd by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale in Portland OR.
Home For Sale In Portland, Oregon is a 10+ BR 10 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale at 11445 Sw Greenburg Rd in Portland OR. Find other listings like Home For Sale In Portland, Oregon and listings near 11445 Sw Greenburg Rd by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale in Portland OR.