1826 C ST Forest Grove, OR97116
$2,040,000
6 total units
18 total bedrooms
24 total bathrooms
$144,000 annual income
Capitilization Rate: 5.40
12696 total sq. ft
0K to 2,999 SqFt
Elementary School: Joseph Gale
Middle School: Neil Armstrong
High School: Forest Grove
Zoning: RMH
1608 days on market
VestorFilter™
Price per unit$340K/unit
Price per ft²$160.68/ft²
Recent price drop$360,000
Price per bedroom$113.3K/bed
Time on market1608 days
Property Description
INVESTMENT PROPERTIES. PACIFIC UNIVERSITY STUDENT HOUSING. SIX (6) three bedroom, 3.5 bath, garage town-home. Walk to campus. Property overbuilt for long-term hold. No HOA - property management and tenants in place. Call listing Broker for projected cash proforma, lease and investment collateral. Excellent 1031 Exchange opportunity. Please do not disturb tenants - Make offers conditional to inspection.
{{ compliance-logo }}Listing Provided By Coldwell Banker Bain
Financial Data
Date Sold2020-11-06
Sold Price$2,040,000
Price ChangeDropped $360,000 on 11/07/2020
Total $21,960,000 drop
Total $21,960,000 drop
Original Price$24,000,000
Current Price$2,040,000
Property Taxes$20,280
Find On Map
Home Facts
StatusSold
Year Built2007
Green/Energy SupplementNo
Exterior Features
MLS ID19364845
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6