Summary

The Meadows Townhomes represent a unique opportunity to acquire a turn-key & stabilized asset in the well performing Beaverton sub-market. The property features four individually deeded townhomes built in 1998, with very large 3 bedroom floor plans, and significant upside in the rents. While the property is 4 legal units, it operates as a “5” unit rental, with a unique floor plan within one of the units that allows for separate rentals in order to maximize the income. The property has been well cared for and professionally managed since it’s construction in 1998, and has benefited from the consistency through the years. The individually deeded townhomes provide an opportunity for an investor to maximize the operations during the ownership period, but also allows for additional flexibility on an exit strategy – as the single family market continues to appreciate in the Beaverton sub-market. Recent forecasts call for strong multi-family operations to continue in the coming years, and strong single family demand is expected to continue within the Beaverton market.