Property Listing No Longer Available for Sale

12345 SW Hall Blvd, Tigard, OR

Multi-family for Sale - $1,300,000 - 20,000 Sq. Ft. on 27442 acres


Property Info

CIMLS#463721
Location
  12345 SW Hall Blvd
  Tigard OR 97223
UpdatedJune 8th, 2012
TypeMulti-family
Price$1,300,000
Building20,000 Sq. Ft.
Land27442 acres

Property Description

Tigard Terrace is a well-located property that caters to renters who are looking for affordability and the convenience of public transportation. Tigard Terrace Apartments was built in 1963 and sits on 27,442 SF of land and is surrounded by multifamily properties to the north, west, and south.

Location Description:

Tigard terrace is located .5 miles from OR-217/Beaverton-Tigard Hwy which gives it excellent accessibility. Tigard Terrace is also .5 miles from OR-99W which is a major connector to the western cities of Newberg and McMinnville. Within 1 mile of Tigard Terrace are a variety of banking, grocery, retail shopping, restaurants, and entertainment. A few of the more recognized businesses are: Costco, WINCO, Babies R US, Fred Meyer, Joannâ


Financials

Sales Info:

>> Cap rate: 5.06%

>> NOI: $65336.0