$1,695,000
The Meadows
1184 NE Turner Dr,
Hillsboro, OR 97124
Available
PRICE
UNITS
10
SIZE
7,800 SQ FT
PRICE/UNIT
$169,500
TYPE
2 Story
Wood Frame
CAP RATE
5.33% Pro Forma
Highlights
Tenancy
100% Occupied
Easily Accessible
Minutes from Downtown Hillsboro and Hillsboro Airport
Exterior Upgrades
New Exterior Paint
Close to Intel
Close Proximity to Intel Jones Farm Campus
Exterior Upgrades
New Balconies
Laundry Amenities
Owned Laundry for Added Income
DESCRIPTION
Built in 1969, The Meadows Apartments are unique among the housing choices in Hillsboro, Oregon. The property is comprised of 10 apartment homes which include a desirable unit mix of three 1bedroom/1 bath units and seven 2 bedroom/1 bath units. The property offers plentiful off street parking, low maintenance landscaping, and on-site laundry facilities.
The Meadows Apartments are comprised of a single two story building with wood siding and a pitched composition roof.
* Listing broker is property owner
FINANCIAL SUMMARY
- Pro Forma Net Operating Income : $90,388
CONTACT LISTING BROKER:
Grayson Pounder | 503.680.4638 | Grayson@PounderRealty.com
Location