1031 Exchange – Fee Simple Duplex Portfolio in Forest Grove | Purchase 3, 6, or 10 Units | Strong Income + Assumable Financing
9352
Property ID
26,787 SqFt
Size
Description
1031, sell them per your tax scenario. Since these are Fee Simple, you can sell them per your greatest tax advantage. Great assumable 5.45 rate loan! These are newer construction duplexes situated just 13 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 total. Current 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. Newer development allows you Low Maintenance cost. Fee Simple units.
Address
- Province / State: Oregon
- City / Town: Forest Grove
- Postal code / ZIP: 97116
- Property ID 9352
- Price $6,300,000
- Property Type Multifamily
- Property status For Sale
- Year Built 2021
- Size 26,787 SqFt
- Land area 8.00 Acres
- Sellers Motivation high
- Number of Units 10