CURRENT PROJECTS
43rd
Description
Light industrial project in Vancouver. 2 buildings w/ 12 units; 11,000 sq ft. Keep Cap Rate 8.12% & Sale Cap Rate
5.62%. Net Annual Rental Income $121,000 after property taxes, utilities and property management Fees
Land $335,000
Construction $1,038,000
Total Cost $1,373,000
ARV $2,149,000
Atlantic Ave
Description: 4 unit condo conversion
Exit Strategy: Sell
Total Cost:
24th St
Description: Two Story Duplex
Exit Strategy: Sell
61st St
Description: 12 unit 3 story building
Exit Strategy: Sell
Montana Ave
Description: 4 unit condo conversion
Exit Strategy: Sell
Saxton Heights
Description: SFR & Duplex
Exit Strategy: Hold
Holgate
Description: 4 unit NO condo
Exit Strategy: Sell
Church st Phase 2
Description
Multi Family Residential 820 sq ft. ; 2bd, 1.5bath per unit . 6x - Tri-plex units (3). Keep Cap Rate 8.44% & Sale Cap Rate 6.44%. Net Annual Rental Income $43,000 after property taxes, utilities and property management Fees.
Land $164,000
Construction $237,000
Total Cost $401,000
ARV $575,000
Hoyt St
Description: 12 unit apt building
Exit Strategy: Sell
Oak St
Description: 3 unit condo church st plan
Exit Strategy: Sell
Clay St
Description: 9 unit 3 story apt building
Exit Strategy: Sell
Winchell
Description: SFR Remodel
Exit Strategy: Sell
SE Yukon St
Description: 4 Lot Condos on Each
Exit Strategy: Sell
Burnside
Description
SFR w/ADU On a 50x55 lot; 1,691 sq ft.
Land $164,000
Construction $237,000
Total Cost $401,000
ARV $575,000
Yamhill
Description: 9 unit 3 story apt building
Exit Strategy: Sell
Harvard Drive
Description: Duplex Remodel
Exit Strategy: Hold
Newell St
Description: 3 unit condo
Exit Strategy: Sell
Macrum
Description: 12 Unit Condo
Exit Strategy: Sell
Pittman Drive
Description: Land to split into 3 lots
Exit Strategy: Hold