Investment Real Estate - Tigard, Oregon - Property Detail

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Quail Park Townhomes & Fourplex Development

https://www.josephbernard.net/quail-park-townhomes

Address:: 8273 SW Durham Rd, Tigard, Oregon 97224

Price:: $2,700,000

Units:: 12

Price per unit:: $225,000

Cap Rate:: 5.89%

Year Built:: 1996

Highlights

Large, three bedroom, two and a half bath units
Private balconies off master bedroom
Garages and off-street parking
Potential to add four units
Vinyl windows

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Quail Park Townhomes & Fourplex Development

Summary

The Quail Park Townhomes feature LARGE 3 bedroom/2.5 bath units, plus land to build 4 additional units. This great value deal (5.52% cap rate plus land) may not last long! Ideally situated 1 mile from Bridgeport Shopping Center and across from Tigard High School. Extra land is included, large enough to build four more 2 bedroom/2 bath units approved by the city of Tigard. A garage separates each unit so there are no common walls. Each unit has gas fireplace & private laundry room.