Forest Grove 5-Unit
Forest Grove 5-Unit
https://www.josephbernard.net/1806_elm- Address:
- 1806 Elm Street, Forest Grove, Oregon 97116
- Price:
- $420,000
- Units:
- 5
- Price per unit:
- $84,000
- Cap Rate:
- 6.95%
- Year Built:
- 1910
Highlights
- Located Two Blocks from Pacific University
- New Lighting, Kitchens, & Bathrooms
- New Plumbing & Electrical
- New Walls & Floor Coverings
- New Roof & Windows
- Detailed Renovations to Interior and Exterior
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Forest Grove 5-Unit
Summary
This vintage 5-unit building is located in the heart of Forest Grove, a small suburb about 20 miles west of Portland, Oregon. It features large, well managed units averaging 1,000+ square feet.
In 2002 the property was completely gutted and rebuilt. Now, it has all new systems, including detailed renovations to the interior and exterior. The improvements include new windows, roof, walls, floor covering, plumbing, electrical, lighting, kitchens, and bathrooms.
Highlights
- Located Two Blocks from Pacific University
- New Lighting, Kitchens, & Bathrooms
- New Plumbing & Electrical
- New Walls & Floor Coverings
- New Roof & Windows
- Detailed Renovations to Interior and Exterior
Forest Grove 5-Unit
The city of Forest Grove is located in Washington County, twenty miles west of Portland, Oregon. It is well known for its small town, vintage charm, antique shops, and strong community involvement.
This five unit property is located approximately two blocks from Pacific University, the first university established west of the Mississippi. Old College Hall on campus is listed on the National Register of Historic Places, along with nine other structures in the city of Forest Grove. Forest Grove is also home to five golf courses, six local wineries, and nine city parks.
The small town is surrounded by rolling hills, evergreen forests, and vineyards providing a scenic backdrop for an abundance of recreational activities. Community events include the annual chalk art festival, as well as the weekly Farmer's Market, which runs from May to October.
Some of the larger Forest Grove employers include Pacific University, Forest Grove School District, Tuality Hospital, and Merix Corp.
Forest Grove 5-Unit
Donna's Place
3118-3124 19th Place, Forest Grove, Oregon, 971161806 Elm Street
1806 Elm Street, Forest Grove, Oregon, 97116Forest Grove 5-Unit
Forest Grove 5-Unit
Document Title | Document Type |
---|---|
Property Flyer | Adobe PDF |
Forest Grove 5-Unit
Phillip Barry
pbarry@josephbernard.net5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax