Multifamily (42)
NOW: Permits ISSUED.. Shovel Ready… Op Zone option. Ready to begin in Portland Metro east side
This project has building and sitework permits issued. Developer will cooperate for a 1031 sale or take investors in as LPs. IRR of 27.2% over 5 year investment based on $3,250,000 equity raise and 70% loan to value loan at permanent financing which returns cash to investor when permanent loan closed. The Ceeley project is... <a href="https://www.post1031.com/property/shovel-ready-mixed-use-project-in-opportunity-zone-infill-location-at-center-of-fairview-village-permit-ready/">Read More »</a>
Permitted – 49 unit Mixed Use project in Fairview Oregon on NE Sandy Blvd – $1,500,000 – Ready to go NOW for delivery in 2022.
4 story 49- unit project with permits issued on .78 acres flat site at 20922 NE Sandy Blvd, Fairview Oregon. 48 apartment and 1 ground floor office space (less than 1,000 SF in size). Sitework and building permit issued in March 2021. 48 units = 33 1 BR units and 15 2 BR units. ... <a href="https://www.post1031.com/property/permitted-49-unit-mixed-use-project-in-fairview-oregon-on-ne-sandy-blvd-1500000-ready-to-go-now-for-delivery-in-2022/">Read More »</a>
Ridgecreek Manor
Ridgecreek Manor is a 39 unit apartment community located in North Salem, just off I-5. The building has been fully renovated and the kitchens and bathrooms were remodeled in 2012. The spacious units feature new countertops, cabinets and appliances. Tenants benefit from the convenient parking options, a community picnic area and on-site laundry facilities. Ridgecreek Manor is... <a href="https://www.post1031.com/property/ridgecreek-manor/">Read More »</a>
Description: Stable Investment with Real Value Add Growth Potential This 12 Unit Building has an excellent unit mix of 6, One Bedrooms and 6, Two Bedrooms with 12+ Car Parking. The well-designed floor plans are spacious and feature excellent exposure for natural light. The kitchens all have designated formal dining areas, spacious living rooms and... <a href="https://www.post1031.com/property/stable-investment-with-real-value-add-growth-potential-168-sickles-avenue-san-francisco-california-12-residential-units-with-12-car-parking/">Read More »</a>
Fessenden Court Apartments
The nine unit, Fessenden Court Apartments were built in 1998 as a low-income housing property, with five of the units rented to tenants earning less than 30% of the Median Family Income (MFI), and four of the units rented to tenants earning less than 60% of the MFI. The units are rent restricted, rents are... <a href="https://www.post1031.com/property/fessenden-court-apartments/">Read More »</a>
The Eleven – 6712 N Montana Ave – $2,600,000
Built in 2020, The Eleven consists of 11 high-end, modern units located in one the of most up and coming neighborhoods in Portland, Arbor Lodge. Developed by Edge Development and designed by an award winning architect, the floor plans are spacious, highly efficient and ideal for todays modern renter. Featuring five 1 Bed / 1... <a href="https://www.post1031.com/property/the-eleven-6712-n-montana-ave-2600000/">Read More »</a>
Tigard York is a 52-unit garden-court community with an adjacent single-family residence. The community is centrally located within the city limits of Tigard, a westside suburb of Portland, Oregon. Tigard York has completed numerous updates of both common areas and interiors. Recent rents for renovated apartments have increased nearly 15% over previous rents. Updates include... <a href="https://www.post1031.com/property/tigard-york-52-units-tigard-oregon-12-5-million/">Read More »</a>
Granite Apartments is a six-unit apartment complex in McMinnville. All apartments are spacious, beautifully updated two-bedroom townhomes located within walking distance of Linfield College. Units include in-unit washer/dryer, new laminate flooring, and stainless steel appliances. The Granite’s 2018 remodel included new windows, siding, paint, and roof. Tenants have 2.3 parking spots per townhome. This is... <a href="https://www.post1031.com/property/the-granite-apartments-6-units-mcminnville-1-35-million/">Read More »</a>
Seller will consider a joint venture for one or both projects or will sell the approved properties. 48 unit Fairview project and 61 approved units in Wood Village. Complete description on our website: www.firstwestrealty.net
Orchard Court Apartments
The Orchard Court Apartments are a well maintained, 50-unit complex on a quiet cul-de-sac in Keizer, Oregon. The property consists of 10 buildings and includes 8 garages with 16 total garage bays. There are 42, two-bedroom units, and 8, three-bedroom units that all include washers and dryers. There is an additional laundry room. The property also features off-street... <a href="https://www.post1031.com/property/orchard-court-apartments/">Read More »</a>
The 66th Avenue Plex is located along SE Division Street with easy access to Portland Community College’s Southeast campus and Warner Pacific University. The property is also within walking distance of 191-acre Mt. Tabor Park, offering green space, walking trails, and picnic areas. The asset is currently managed with a portfolio of adjacent properties. The... <a href="https://www.post1031.com/property/66th-avenue-plex-close-in-se-portland-990k/">Read More »</a>
Rental Apartments Value Add Adaptive Reuse
Proposed Adaptive Reuse-New Jersey Tapestry Apartments is a proposed adaptive reuse of an existing hotel to senior and multifamily housing. The company has extensive experience in renovation and construction. All investments represent project ownership with a proportionate share of cash flow and tax benefits. Significant increased value and cash flow are projected at stabilization. The... <a href="https://www.post1031.com/property/rental-apartments-value-add-adaptive-reuse/">Read More »</a>
SE 119th Avenue
The 2006 year-built property features two-bedroom, one and a half bath townhouse style units that include washers and dryers, quality flooring and dishwashers. Each unit has a storage unit located in a separate building on the east side of the property. All the units have been recently turned and have a utility charge in addition... <a href="https://www.post1031.com/property/se-119th-avenue/">Read More »</a>
Columbia View Apartments is a 100% leased, high-performing asset in the desirable community of Hood River, OR. Consisting of four separate buildings with peek-a-boo views of Mt. Adams, this family-oriented property has seen wonderful tenant history, rise in rents, and undergone many improvements under the current ownership. Columbia View is an on-site professionally managed property... <a href="https://www.post1031.com/property/columbia-view-apartments-1695-oak-st-hood-river-or/">Read More »</a>
Northwest Boulevard & Grace Avenue
Value-add opportunity with below market rents and long-term tenants. The property is located in the Downriver neighborhood, 1/2 mile from Spokane Falls Community College and 2 miles to Gonzaga University. Amenities include on-site laundry, storage, parking, and garage access. Situated on 3 tax lots, unit mix includes (six) 1 bedroom, (two) 2 bedroom, and a... <a href="https://www.post1031.com/property/northwest-boulevard-grace-avenue/">Read More »</a>