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1522 21ST Pl

Forest Grove, OR 97116
  • $1,545,000
  • STATUS: Pending
  • ON SITE: 116 Days
  • MLS #: 22011334
Pending
UPDATED: 24 min ago
$1,545,000
  • 14
    BEDS
  • N/A
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 6,980
    SQFT
  • $0
    $/SQFT
Type:
Multi-Family
Built:
1975
County:

School Information

Middle School:

Description

The Parklawn Apartments are on a quiet dead-end street in Forest Grove and consist of eight - two bed one bath apartment homes with a common laundry room. Recent improvements include new roof mansards, updated landscaping including the removal of several problem trees and large scale pruning, all new doors and locks, new signage, removal of trip hazards, and all new bathroom fans and lights. The property offers upside in rents and a 220 SqFt bonus room above the laundry.

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Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Premiere Property Group LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-05-22T12:40:16.527.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Premiere Property Group LLC and should be independently verified.
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1522 21ST Pl Forest Grove, OR 97116

  • Price: $1,545,000
  • Status: Pending
  • On Site: 116 Days
  • Updated: 24 min ago
  • MLS #: 22011334
14
Beds
7
Baths
0
½ Baths
N/A
Acres
6,980
SQFT
$0
$/SQFT
1975
Built
Neighborhood:
152-Hillsboro/Forest Grove
County:
Washington
Area:
152-Hillsboro/Forest Grove
Middle School:
Tom Mccall
Property Description
The Parklawn Apartments are on a quiet dead-end street in Forest Grove and consist of eight - two bed one bath apartment homes with a common laundry room. Recent improvements include new roof mansards, updated landscaping including the removal of several problem trees and large scale pruning, all new doors and locks, new signage, removal of trip hazards, and all new bathroom fans and lights. The property offers upside in rents and a 220 SqFt bonus room above the laundry.
Exterior Features

Exterior Description AluminumVinyl Siding Lot Description LevelSecluded Lot Size 15000 To 19999 Sqft Parking Features Open View YN No Water Description Public Water

Interior Features

Basement Crawl Space Foundation Details Concrete Perimeter Heating Description Other Unit Features RangeRefrigerator Unit Type1 Features RangeRefrigerator Unit Type1 Sq Ft 850 Unit Type2 Features RangeRefrigerator Unit Type2 Sq Ft 850 Unit Type3 Features RangeRefrigerator Unit Type3 Sq Ft 850 Unit Type4 Features RangeRefrigerator Unit Type4 Sq Ft 850 Unit Type5 Features RangeRefrigerator Unit Type5 Sq Ft 850 Unit Type6 Features RangeRefrigerator Unit Type6 Sq Ft 850 Unit Type7 Features RangeRefrigerator Unit Type7 Sq Ft 850

Property Features

Bank Owned YN No Capitalization Rate 4.26 Country Us Fuel Description Electricity Gross Income Actual 105051 Gross Income Projected 123090 Gross Rent Multiplier 14.71 Net Income Actual 65806 Net Income Projected 81727 Operating Expenses Actual 41363 Operating Expenses Projected 41363 Rent Includes Trash CollectionSewerWaterMaintenance Grounds Sewer Description Public Sewer Short Sale YN No Tax Amount 7104.14 Third Party Approval YN No Unit Type1 Rent 1245 Unit Type1 Units Total 1 Unit Type2 Rent 1215 Unit Type2 Units Total 1 Unit Type3 Rent 1140 Unit Type3 Units Total 2 Unit Type4 Rent 1120 Unit Type4 Units Total 1 Unit Type5 Rent 1105 Unit Type5 Units Total 1 Unit Type6 Rent 1045 Unit Type6 Units Total 1 Unit Type7 Rent 1015 Unit Type7 Units Total 1 Zoning Rmh

Listing provided courtesy of Ga Cooke Real Estate Services.


Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Premiere Property Group LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-05-22T12:40:16.527.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Premiere Property Group LLC and should be independently verified.
 
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Premiere Property Group LLC
5000 Meadows Rd. Suite 150
Lake Oswego OR, 97035