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About This Home
This 30-bedroom, 20-bathroom residential multi family at 1270 PACIFIC Ave in Forestgrove, OR is listed for $6,300,000 ($235 per sqft). Built in 2021, the home offers 26,787 sqft of living space on a 0.80 acres lot.
1031, sell them per your tax scenario. Since these are Fee Simple, you can sell them per your greatest tax advantage. Great assumable 5.45 rate loan! These are newer construction duplexes situated just 13 blocks from Pacific University in a great college town location with strong rental demand.
The properties feature good street appeal and are convenient to campus, downtown Forest Grove, and commuting routes. **Portfolio Pricing Options:**- 3 duplexes: $660,000 each- 6 duplexes: $645,000 each ($3,870,000 total)- All 10 duplexes: $6,300,000 total.
Current combined monthly income for all 10 properties is approximately $42,000+. Roughly half of the $6.3M portfolio purchase price may qualify for loan assumption at a low interest rate. This is an excellent opportunity for investors seeking residential income property in Forest Grove. Newer development allows you Low Maintenance cost. Fee Simple units.
Key Features
- Built in 2021
- 0.80 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$33,694/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1270 PACIFIC Ave
Forestgrove, OR 97116
Property Details
Views
Heating
Cooling
Questions & Answers
This 30-bedroom, 20-bathroom residential multi family at 1270 PACIFIC Ave is listed at $6,300,000 ($235/sqft). The estimated monthly payment is $27,300 based on 20% down at 6.5% interest.
Key features include: Built in 2021, 0.80 acre lot, 2 stories.
This property is listed by Fred Mueller and can be reached at 5037508030 or fjmueller@comcast.net.