Villa Verdante - OM

LEGAL DISCLOSURE

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.

THE SYNOPSIS

100 GATCH STREET | WOODBURN, OR 97071

$3,720,000

$186,000

VILLA VERDANTE

100 GATCH STREET | WOODBURN, OR 97071

# of units

# of buildings

Zoning Code

Building Type

Land Acres

Parcel # Parking 20 3 RM (Medium Density Residential) Low-rise Apartments 1.07 AC 513507 31 open spaces

EXTERIOR PHOTOS

INTERIOR PHOTOS

PROFORMA & UNDERWRITING

Current Rent vs Heighest Achieved

PROFORMA & UNDERWRITING

Flex/Industrial Growth: Woodburn Regional Economic Trends

Woodburn, Oregon, is quickly becoming a prime location for investment due to its growing development opportunities. The I-5 Logistics Center East is a standout example of the area’s potential, with several key factors making it an ideal time to invest in the community:

> Prime Location with Easy Access: Situated just 11 miles south of Portland's Metropolitan Statistical Area, the property has direct access to Interstate 5, ensuring seamless transportation connectivity for warehousing, distribution, and manufacturing operations.

> Infrastructure and Utilities: Significant infrastructure improvements have already been made, including public streets, curbs, sidewalks, and stormwater facilities, which support future development and enhance the site's functionality

> Continued Growth and Development: As part of the Woodburn Urban Growth Boundary, the city is poised for continued expansion. With residential and commercial developments on the rise, the area is set to experience significant growth, providing ample opportunities for investors to capitalize on its increasing demand.

With its growing infrastructure, and strategic location, Woodburn presents an exciting investment opportunity for those looking to be part of the community’s future development.

1. I-5 Logistics Center East

A large-scale industrial development offering up to 513,193 square feet of logistics and warehouse space, providing significant economic growth potential for businesses in the area.

2. Woodburn Urban Growth Boundary Expansion

Expanding the city’s growth boundary by 237 acres on the southeastern side of Woodburn to accommodate future residential, commercial, and industrial developments. This expansion will ensure the city continues to meet the needs of a growing population while providing essential industrial land for employment opportunities and business growth.

3. Woodburn High School Renovation and Expansion

A major renovation project to upgrade facilities and expand educational capacity to support the city’s expanding student population.

4. New Residential Developments

Multiple new residential communities are being planned, providing much-needed housing options as the city continues to grow and attract new residents.

5. Commercial and Retail Developments

New retail centers and commercial spaces will cater to the increasing demand for services as more businesses and residents move into the area.

6. Transportation Infrastructure Enhancements

Road improvements and expansions to enhance connectivity, including upgrades to the Interstate 5 interchange, improving accessibility for businesses and residents.

7. Public Park and Recreation Upgrades

New parks and recreational spaces are being developed to improve quality of life for residents and attract visitors to the area.

Proposed Woodburn Economic Development Plans –to fuel massive employment growth in the near-term

The UGB is to expand by 237-acres to provide industrial land for employment and businesses on the southeastern side of the city.

Upcoming Development Projects Across Woodburn, OR

RENT COMPARABLES

$500 off 1st month

Washer/Dryer: In-Unit and hook-ups

SALES COMPARABLES

WOODBURN NEIGHBORHOOD MAP

I-5 Corridor near Woodburn poised for massive flex/industrial expansion & distribution

Woodburn High School Lincoln Elementary School

Nellie Muir Elementary School

WOODBURN NEIGHBORHOOD MAP

SUBJECT PROPERTY Downtown Woodburn Washington Elementary School

DEMOGRAPHICS

$409.2M $595M CONSUMER SPENDING

E CLEVELAND STREET – 3,587 VPD S PACIFIC HWY (OR 99) – 16,397 VPD WILCO HWY NE (OR 214) – 8,279 VPD I 5 – 99,158 VPD

WALKSCORE: 66 (SOMEWHAT WALKABLE) TRANSITSCORE: 18 (MINIMAL TRANSIT) AIRPORT: 30 MINUTE DRIVE TO SALEM MUNICIPAL AIRPORT 1 HOUR DRIVE TO PORTLAND INTERNATIONAL AIRPORT (PDX)