Tualatin Apartments OM - Tualatin, OR

Page 1


The information contained in this marketing brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Commercial Integrity, NW and should not be made available to any other persons or entities without written consent of Commercial Integrity, NW. The information contained herein has been prepared to provide summary, unverified financial and physical information to prospective purchasers to establish a preliminary level of interest in the Subject Property. THE INFORMATION CONTAINED HEREIN SHALL NOT BE A

SUBSTITUTE FOR A THOROUGH DUE DILIGENCE INVESTIGATION.

Commercial Integrity, NW has not made any investigation, and makes no warranty or representation with respect to the income or expense for the Subject Property, the future projected financial performance of the Subject Property, the size or square footage and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plan or intentions to continue to occupy the Subject Property. The information contained herein has been obtained from sources we believe to be reliable; however, Commercial Integrity, NW has not verified and will not verify, any of the information contained herein, nor has Commercial Integrity, NW conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential purchasers must take appropriate measures to verify all of the information set forth herein.

$2,050,000

$228,000 PER UNIT

$242 PER

TUALATIN, OREGON

PROPERTY FEATURES LARGE AVERAGE UNIT SIZES OF 943 SF & ATTACHED GARAGE

RENOVATED INTERIORS WITH UPDATED APPLIANCES, CENTRAL AIR AND IN-UNIT WASHER & DRYER

PROFORMA

1. Misc. Income: March. 2025 T-12 actuals

2. Property Insurance: March. 2025 T-12 actuals

3. 2024/2025 Net Real Estate Taxes

4. Property Management: 5.2% current management fee w/ Uptown Property Management

6. Repair/Maint: March. 2025 T-12 actuals, covers labor and materials/supplies related to interior & exterior repairs

7. Utilities: March. 2025 T-12 actuals

8. Turnover: $150/unit estimate, consistent w/ expense comps, subject historical do not code turnover or “make ready” expenses

9. Landscaping: $400/unit estimate

10. General/Admin: March. 2025 T-12 actuals, covers legal, accounting, software, advertising/promotion

12. Reserves/Replacements: $250/unit estimate, subject historical so not include a reserve Rents

SALES COMPARABLES

N Knott St. Canby, OR

RENT COMPARABLES

Fairfield Park Apartments

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