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

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

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.

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1522 21ST Pl

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1522 21ST Pl Forest Grove, OR 97116

Property Description

Exterior Description	Aluminum Vinyl Siding
Lot Description	Level Secluded
Lot Size	15000 To 19999 Sqft
Parking Features	Open
View YN	No
Water Description	Public Water

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

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 Collection Sewer Water Maintenance 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