DOCSLIB.ORG

FIFTY EIGHT FOSTER 30 Units • Portland, Oregon OFFERING MEMORANDUM CONFIDENTIAL and DISCLAIMER

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
FIFTY EIGHT FOSTER 30 Units • Portland, Oregon OFFERING MEMORANDUM CONFIDENTIAL and DISCLAIMER FIFTY EIGHT FOSTER 30 Units • Portland, Oregon OFFERING MEMORANDUM CONFIDENTIAL AND DISCLAIMER Seller and Agent make no representations or warranties as to the accuracy of the information contained in this Offering Memorandum. The enclosed materials include highly confidential information and are being furnished solely for the purpose of review by prospective purchasers of the interest described herein. Neither the enclosed materials, nor any information contained herein, is to be used for any other purpose or made available to any other person without the express written consent of Seller. The enclosed materials are being provided solely to facilitate the Prospective Purchaser‘s own due diligence, for which it shall be fully and solely responsible. The material contained herein is based on information and sources deemed to be reliable, but no representation or warranty, express or implied, is being made by Agent or Seller or any of their respective representatives, affiliates, officers, employees, shareholders, partners and directors, as to the accuracy or completeness of the information contained herein. Summaries contained herein of any legal, or other, documents are not intended to be comprehensive statements of the terms of such documents, but rather only outlines of some of the principal provisions contained therein. Neither Agent nor Seller shall have any liability whatsoever for the accuracy or completeness of the information contained herein, or any other written or oral communication or information transmitted, or made available, or any action taken or decision made by the recipient with respect to the Property. Interested parties are to make their own investigations, projections, and conclusions without reliance upon the material contained herein. Seller reserves the right, at its sole and absolute discretion, to withdraw the Property from being marketed for sale at any time and for any reason. Seller and Agent each expressly reserves the right, at its sole and absolute discretion, to reject any and all expressions of interest or offers regarding the Property, and/or to terminate discussions with any entity at any time, with or without notice. This Offering Memorandum is made subject to omissions, correction of errors, change of price or other terms, prior to sale or withdrawal from the market without notice. Agent is not authorized to make any representations or agreements on behalf of Seller. Seller shall have no legal commitment or obligation to any interested party reviewing the enclosed materials, performing additional investigation and/ or making an offer to purchase the Property unless and until a binding written agreement for the purchase of the Property has been fully executed, delivered and approved by Seller, and any conditions to Seller‘s obligations thereunder have been satisfied or waived. By taking possession of, and reviewing, the information contained herein, the recipient agrees that (a) the enclosed materials and their contents are of a highly confidential nature and will be held and treated in the strictest confidence, and shall be returned to Agent or Seller promptly upon request; (b) the recipient shall not contact employees or tenants of the Property directly or indirectly regarding any aspect of the enclosed materials or the Property without the prior written approval of Seller or Agent and (c) no portion of the enclosed materials may be copied or otherwise reproduced without the prior written authorization of Seller or Agent. If you have no interest in the Property at this time, please destroy or return this Offering Memorandum immediately to: HFO Investment Real Estate 2424 SE 11th Ave, Portland, OR 97214 503.241.5541 Build your legacy is a service mark of HFO Investment Real Estate. 2 OFFERING MEMORANDUM FIFTY EIGHT FOSTER 5811 SE Boise Street • Portland, Oregon TABLE OF CONTENTS Executive Summary 5 Location 13 Operations Analysis 19 Offer Terms 22 HFO INVESTMENT REAL ESTATE Greg Frick Jack Stephens [email protected] [email protected] (971) 717.6332 (971) 717.6344 www.hfore.com • 503.241.5541 Licensed in the states of Oregon and Washington. INVESTMENT SUMMARY Fifty Eight Foster is a fully stabilized new construction apartment building Boise Street less than a block from Foster Road. Foster Road is a primary located in the desirable Foster/Powell neighborhood of SE Portland. The arterial in southeast Portland that connects neighborhoods to downtown property was completed in 2017 and was quickly leased up. The desirable Portland via SE Powell Boulevard and to Clackamas via Interstate 205. unit mix of studio and one-bedroom apartments along with its proximity to the Portland city core attracted a strong tenant demographic and will Fifty Eight Foster is advantageously located in Portland—one of the lead to a consistent occupancy rate moving forward. most solid apartment markets in the nation with more than 2,400 people moving to the area each month. Unemployment is at a historical low of Fifty Eight Foster offers tenants an efficient average unit size of 490 square 3.7%, and the demand for housing is high. Portland is adding college feet that includes all the modern finishes and features that are important graduates to the working population twice as fast as major cities like to residents. These amenities include air conditioning, LVT flooring, in- Los Angeles. Downtown Portland’s major high-tech employers include unit washers and dryers, and stainless steel appliances. Residents have Viewpoint, New Relic, Puppet Labs, Smarsh, Jama Software and Urban access to secured, covered bike parking and a convenient location along Airship. 4 HFO INVESTMENT REAL ESTATE EXECUTIVE SUMMARY ASSET SUMMARY Property Fifty Eight Foster Location 5811 SE Boise Street INVESTMENT HIGHLIGHTS City, State Portland, Oregon 97206 • New construction County Multnomah • Attractive unit mix Total Units 30 • Secured, covered bike parking Year Built 2017 • In-unit washer/dryer Total NR Square Feet 14,704 • Modern finishes and color schemes Average Unit Size 490 sq ft • Air-conditioned apartments Gross Building Square Feet 16,478 • Large windows with bright interiors Lot Size 0.20 acres Stories 3 OFFERING SUMMARY TOURS AND INQUIRIES Price $5,450,000 Please do not disturb tenants. Price per Unit $181,667 All tours and inquiries regarding Fifty Eight Foster are to be directed Price per Sq Ft $331 to HFO Investment Real Estate at (503) 241.5541. Cap Rate (Scheduled Rents) 5.51% Jack Stephens • [email protected] Cap Rate (Projected Operations) 5.80% Greg Frick • [email protected] Tyson Cross • [email protected] Lee Fehrenbacher • [email protected] Todd Tully • [email protected] Adam Smith • [email protected] Khari Gates • [email protected] Brokers licensed in Oregon and Washington. FIFTY EIGHT FOSTER • 30 UNITS • PORTLAND, OREGON 5 6 HFO INVESTMENT REAL ESTATE FIFTY EIGHT FOSTER • 30 UNITS • PORTLAND, OREGON 7 8 HFO INVESTMENT REAL ESTATE Fifty Eight Foster offers residents stylish living and convenience. Modern finishes and stainless-steel appliances Large windows and air conditioning In-unit washer and dryer FIFTY EIGHT FOSTER • 30 UNITS • PORTLAND, OREGON 9 10 HFO INVESTMENT REAL ESTATE Select floor plans at Fifty Eight Foster have open kitchens Floor plans are well designed with open living areas Covered, secured bike storage on the ground floor FIFTY EIGHT FOSTER • 30 UNITS • PORTLAND, OREGON 11 ASSET OVERVIEW CONSTRUCTION SUMMARY One Current Rent Studio Year Built 2017 Bedrooms No. Of Buildings 1 $975 1 Stories 3 $994 1 Construction Type Wood frame 40% $995 1 Studios Foundation On-grade concrete $1,011 1 Exterior Walls HardiePlank $1,036 1 Laundry Service In-unit $1,050 1 HVAC PTAC $1,075 2 $1,095 1 SITE SUMMARY $1,120 1 City Portland $1,125 2 County Multnomah $1,154 2 Jurisdiction City of Portland 60% $1,177 1 Tax Lot Number R224551 1 Bedrooms $1,200 1 Zoning Commercial Employment - CE (MU-C) $1,225 2 The CE zone is a medium-scale zone $1,250 5 intended for sites along corridors in areas $1,275 3 between designated centers, especially along Civic Corridors that are also major $1,300 2 truck streets. The emphasis of this zone Total * 12 16 is on commercial and employment uses. Buildings are generally expected to be up to *Occupied units only. four stories. 12 HFO INVESTMENT REAL ESTATE NEARBY VICINITY Restaurants and Dining Shopping/Entertainment Lifestyle Services 84 1 2 3 90 89 88 87 83 82 26 SE Powell Blvd 4 5 86 85 80 81 6 7 8 SE 92nd Ave 9 10 213 Creston Park 11 12 13 14 15 16 77 78 79 17 18 Essex Park 74 75 76 19 70 71 72 73 Century 16 205 Fifty Eight Foster Kern Park Eastport Plaza 20 69 22 21 67 68 25 62 63 23 24 27 SE Holgate Blvd 64 65 66 26 28 29 61 30 31 32 33 34 35 36 37 SE 52nd Ave 38 39 58 59 60 40 41 42 57 Lents Park 43 44 45 55 56 SE 72nd Ave SE Foster Rd 54 SE Steele St 53 SE Harold St 47 49 52 Woodstock Park 46 48 50 51 1. Pho Hung 16. Foster Fitness Center 31. N.W.I.P.A 46. Mt Scott Community Center 61. Baxter Auto Parts 76. JOANN Fabrics and Crafts 2. Taco Bell 17. Po’ Boy Art 32. Henry Higgins Boiled Bagels 47. WorkSource Portland Metro 62. Multnomah County Library 77. Izzy’s Pizza & Buffet 3. Taqueria Los Gorditos 18. Foster Buds 33. Bar Carlo 48. McDonald’s 63. Walgreens 78. Ross Dress for Less 4. Burger King 19. Nayar Taqueria 34. Starday Tavern 49. Popeyes Louisiana Kitchen 64. GameStop 79. U.S. Postal Services 5. Siri Thai 20. FoPo Tarven 35. Off The Griddle 50. K-Town Korean BBQ 65. HK Cafe 80. Carl’s Jr 6. U.S. Postal Service 21.
Load more

Recommended publications
  • District Background
    DRAFT SOUTHEAST LIAISON DISTRICT PROFILE DRAFT Introduction In 2004 the Bureau of Planning launched the District Liaison Program which assigns a City Planner to each of Portland’s designated liaison districts. Each planner acts as the Bureau’s primary contact between community residents, nonprofit groups and other government agencies on planning and development matters within their assigned district. As part of this program, District Profiles were compiled to provide a survey of the existing conditions, issues and neighborhood/community plans within each of the liaison districts. The Profiles will form a base of information for communities to make informed decisions about future development. This report is also intended to serve as a tool for planners and decision-makers to monitor the implementation of existing plans and facilitate future planning. The Profiles will also contribute to the ongoing dialogue and exchange of information between the Bureau of Planning, the community, and other City Bureaus regarding district planning issues and priorities. PLEASE NOTE: The content of this document remains a work-in-progress of the Bureau of Planning’s District Liaison Program. Feedback is appreciated. Area Description Boundaries The Southeast District lies just east of downtown covering roughly 17,600 acres. The District is bordered by the Willamette River to the west, the Banfield Freeway (I-84) to the north, SE 82nd and I- 205 to the east, and Clackamas County to the south. Bureau of Planning - 08/03/05 Southeast District Page 1 Profile Demographic Data Population Southeast Portland experienced modest population growth (3.1%) compared to the City as a whole (8.7%).
    [Show full text]
  • Summary of Sexual Abuse Claims in Chapter 11 Cases of Boy Scouts of America
    Summary of Sexual Abuse Claims in Chapter 11 Cases of Boy Scouts of America There are approximately 101,135sexual abuse claims filed. Of those claims, the Tort Claimants’ Committee estimates that there are approximately 83,807 unique claims if the amended and superseded and multiple claims filed on account of the same survivor are removed. The summary of sexual abuse claims below uses the set of 83,807 of claim for purposes of claims summary below.1 The Tort Claimants’ Committee has broken down the sexual abuse claims in various categories for the purpose of disclosing where and when the sexual abuse claims arose and the identity of certain of the parties that are implicated in the alleged sexual abuse. Attached hereto as Exhibit 1 is a chart that shows the sexual abuse claims broken down by the year in which they first arose. Please note that there approximately 10,500 claims did not provide a date for when the sexual abuse occurred. As a result, those claims have not been assigned a year in which the abuse first arose. Attached hereto as Exhibit 2 is a chart that shows the claims broken down by the state or jurisdiction in which they arose. Please note there are approximately 7,186 claims that did not provide a location of abuse. Those claims are reflected by YY or ZZ in the codes used to identify the applicable state or jurisdiction. Those claims have not been assigned a state or other jurisdiction. Attached hereto as Exhibit 3 is a chart that shows the claims broken down by the Local Council implicated in the sexual abuse.
    [Show full text]
  • Sub-Area: Southeast
    PARKS 2020 VISION OUTHEAST Distinctive Features Studio in the Laurelhurst Park annex is a satellite of the Montavilla Community Center. I Aquatic facilities include Sellwood, Mt. Scott, Description: The Southeast sub-area (see map at the Buckman, Montavilla and Creston. end of this section) contains many of the city's older, I established neighborhoods. This area is a patchwork of The Community Music Center is in this sub-area. older, mainly single-family neighborhoods divided by I The Southeast sub-area has three Community linear commercial corridors. The Central Eastside Schools and 45 school sites. Industrial District, which borders the east bank of the I There are lighted baseball stadiums at Willamette, separates some residential neighborhoods Westmoreland and Lents Parks. from the river. Resources and Facilities: Southeast has 898 acres Population – Current and Future: The Southeast of parkland, ranking third in total amount of park sub-area ranks first in population with 154,000 and acreage. Most parks are developed, well distributed, is projected to grow to 157,830 by 2020, an increase in good condition, and can accommodate a range of of 2%. recreational uses. I Southeast has the City’s largest combined acreage DISTRIBUTION OF SUBAREA ACRES BY PARK TYPE of neighborhood and community parks. I Southeast has a variety of habitat parks, including Oaks Bottom Wildlife Refuge, Tideman Johnson Park, and Johnson Creek Park that are popular sites for hiking, birding, walking, and general recreation use. I This sub-area includes part of the I-205 Bike Trail and about 4.6 miles of the Springwater Corridor, a 195-acre 16.5 mile-long regional trailway that includes many natural resources.
    [Show full text]
  • SE/NE 50S Bikeway Project Citizens Advisory
    ! November!8,!2010! ! TO:!! SE/NE!50s!Bikeway!Project! !!Citizens!Advisory!Committee! ! FROM:!! Sarah!Figliozzi,!Portland!Bureau!of!Transportation,!Project!Manager! !!Rich!Newlands,!Portland!Bureau!of!Transportation,!Project!Manager! ! SUBJECT:! Materials!for!Upcoming!Citizens!Advisory!Committee!meeting!! ! (Nov.!15,!2010)! ! Please!find!attached:! ! Agenda!for!the!November!15!meeting! ! Updated!parking!utilization!data! ! Oct!16th!CAC!Ride!summary! ! Open!House!notification!information! ! Draft!Design!Concept!! ! Draft!Design!Concept! The!primary!intent!of!the!upcoming!meeting!will!be!to!discuss!and!develop!a!draft! project!recommendation!from!the!committee!that!establishes!the!general!scope!of! improvements!to!construct.!!This!attachment!is!intended!to!serve!as!a!starting!point!for! that!discussion.!!The!proposed!improvements!shown!on!the!map!have!been!developed! by!the!project’s!staff!and!has!been!reviewed!by!the!project’s!technical!advisory! committee.! ! Please!note!that!feasibility!issues!remain!with!certain!elements!of!what!is!shown!on!the! draft!design!concept,!which!staff!are!still!working!on!to!resolve!.!!These!elements!are! coded!in!blue!on!the!map.!!We!will!discuss!in!greater!detail!what!the!specific!feasibility! issues!are!at!the!upcoming!meeting.!!Regardless!of!these!details,!we!still!feel!the!process! to!date!has!collected!sufficient!information!regarding!the!issues!and!options!that!we!can! begin!to!see!how!close!we!are!to!consensus!on!the!project’s!recommendations.! ! It!is!also!important!to!stress!that!if!we!succeed!in!developing!a!CAC!recommendation!at!
    [Show full text]
  • FY12 Capital Improvement Program
    2012-2016 Capital Improvement Program Five Year Plan Tri-County Metropolitan Transportation District of Oregon FY2012-2016 Draft Five Year Plan Capital Improvement Program Table of Contents Page # INTRODUCTION Section I Introduction 1 TriMet Facilities Map 5 5 Year Plan Summary of Expenditure-Constant Dollars 6 REPLACEMENT PROGRAMS Section II Vehicles i Fixed Route Buses - Active Fleet R-01 Fixed Route Buses - Expansion & Reserve Fleet Requirement R-03 Fixed Route Buses - Contingency Fleet R-04 Fixed Route Buses - Capital Requirements R-05 Light Rail Vehicles R-12 ATP Vehicles - Active & Expansion Fleet R-13 ATP And Community Based Vehicles - Capital Requirements R-14 Customer Facilities & Amenities ii Bus Shelters R-15 Neighborhood Bus Shelters R-16 Downtown Transit Mall Shelters R-17 Bus Transit Centers And Park & Rides R-19 Light Rail Stations, Park & Rides, Transit Centers R-32 Customer Information & TTO R-36 Operations v Operations & Administration Facilities R-37 Light Rail Shop And Trolley Barn R-47 Light Rail Track And Structures R-51 Light Rail Electrification And Signaling System R-52 Shop Equipment Replacement/Repair >$5,000 R-53 Shop Equipment Replacement/Repair <=$5,000 R-58 Capital Light Rail Shop Equipment >$5,000 R-68 Operations Light Rail Shop Equipment <=$5,000 R-71 MOW Equipment Inventory And Replacement Plan R-74 Fare Revenue Capital Equipment Inventory And Investment Plan R-77 Capital Facilities Maintenance Equipment >$5,000 R-78 Table of Contents FY2012-2016 Draft Five Year Plan Capital Improvement Program Table of Contents Page # Capital Facilities Maintenance Equipment <=$5,000 R-85 Bus Maintenance Non-Revenue Vehicles >$5,000 R-92 Bus Maintenance Non-Revenue Vehicles <=$5,000 R-102 LIFT Shop Equipment >$5,000 R-111 LIFT Shop Equipment <=$5,000 R-112 Information Technology vii Information Technology - Communications, Computing, Security, Servers, Voice, Cable, Fare, Etc.
    [Show full text]
  • ADA Transition Plan Parks Supplement
    Final Draft: August 2015 CITY OF PORTLAND ADA Title II Transition Plan Update - Parks Facilities City of Portland ADA Title II Transition Plan Update- Parks Facilities Final Draft Table of Contents Table of Contents .................................................................................................... i Introduction ........................................................................................................... iii Acknowledgements ................................................................................................ iv Document Organization .......................................................................................... iv 1.0 Transition Plan Process ...................................................................................... 1 1.1 Planning Process ............................................................................................... 1 Facility Evaluations .....................................................................................................2 1.2 Public Engagement ............................................................................................ 3 Public Comment Summary ........................................................................................4 Stakeholders ..............................................................................................................4 Website ......................................................................................................................5 2.0 Transition Plan Methodology............................................................................
    [Show full text]
  • City Club of Portland Report: Portland Metropolitan Area Parks
    Portland State University PDXScholar City Club of Portland Oregon Sustainable Community Digital Library 9-23-1994 City Club of Portland Report: Portland Metropolitan Area Parks City Club of Portland (Portland, Or.) Follow this and additional works at: https://pdxscholar.library.pdx.edu/oscdl_cityclub Part of the Urban Studies Commons, and the Urban Studies and Planning Commons Let us know how access to this document benefits ou.y Recommended Citation City Club of Portland (Portland, Or.), "City Club of Portland Report: Portland Metropolitan Area Parks" (1994). City Club of Portland. 470. https://pdxscholar.library.pdx.edu/oscdl_cityclub/470 This Report is brought to you for free and open access. It has been accepted for inclusion in City Club of Portland by an authorized administrator of PDXScholar. Please contact us if we can make this document more accessible: [email protected]. CITY CLUB OF PORTLAND REPORT Portland Metropolitan Area Parks Published in City Club of Portland Bulletin Vol. 76, No. 17 September 23,1994 CITY CLUB OF PORTLAND The City Club membership will vote on this report on Friday September 23, 1994. Until the membership vote, the City Club of Portland does not have an official position on this report. The outcome of this vote will be reported in the City Club Bulletin dated October 7,1994. (Vol. 76, No. 19) CITY CLUB OF PORTLAND BULLETIN 93 TABLE OF CONTENTS PAGE I. EXECUTIVE SUMMARY 96 II. A VISION FOR PORTLAND AREA PARKS 98 A. Physical Aspects 98 B. Organizational Aspects 98 C. Programmatic Aspects 99 III. INTRODUCTION 99 IV. BACKGROUND 100 A.
    [Show full text]
  • Parks Replacement Bond – Phase 2 – Community Project Suggestions
    Parks Replacement Bond – Phase 2 – Community Project Suggestions In the following spreadsheet, Portland Parks staff have provided a response to every comment submitted or heard at neighborhood coalition meetings, town halls, the online comment form, and through email. All comments were shared with Parks Commissioner Amanda Fritz for her consideration. Thank you to everyone who took the time to submit comments and questions during this process. Your insight into your community’s priorities is invaluable in verifying the proposed Phase 2 list, and your input was used to create the final Phase 2 project list. The Bond program is successfully meeting its goal of addressing critical repair needs, but we know that there still remains a $258M funding gap for major maintenance needs over the next ten years. Since this Bond is for repair and replacement, it also does not address the anticipated $480M funding gap in funded growth needs expected over the next 10 years. Please know that Commissioner Fritz and Portland Parks & Recreation will continue to work with the community to identify further funds to meet these growing needs. Thank you again for your feedback and participation! PP&R Bond Phase 2 Project Suggestions from the Community 6/16/2017 Theme Park Community Suggestion Response from Portland Parks & Recreation 1. Playgrounds Albert Kelly About nine months ago, the slide and merry-go-round were torn out due to lead paint. Albert Kelly is on the Phase 2 Play Piece Replacement list to replace the slide. In the Park The slide was never replaced. What would it take to get a decent playground at this playground ranking for Southwest, Gabriel Park had a higher likelihood of failure and park? It is well used and surrounded by hundreds of children.
    [Show full text]
  • Portland Urban Area
    Shillapoo PortlandWildlife Area Urban Area Map Mud Slough UV99 Amtrak CascadesShillapoo WildlifeRoute Area nn Bell View Point 99 Gilbert River UV WA-500Legend E Spring Branch NE St Johns Rd Enlarged 500 County Line NEAndresen Rd UV E 39th St Area Howell Vancouver Station WA-500 W Urban Growth Boundary Territorial Multnomah Channel Kelley Point Park WA-500 Burlington Park WA-500 City Limit Bottoms 500 NE 162ndAve UV NE Fourth Plain Rd US Census Tracts where Proportion of Low-Income Existing Rail Crossing or Minority Population is more than twice the State ¨¦§5 E Fourth Plain Blvd OREGON at Columbia River Average Burnt Bridge Creek Parks and Open Spaces NE 162ndAve Main St UV501 205 City of Portland Historic Districts NEAndresen Rd ¨¦§ E Mill Plain Blvd Wetland Priority Sites NE 164th Ave E Mill Plain Blvd ¤£30 Fort Vancouver Wetlands National Historic Site !!! Federally Designated Critical Habitat SE Mill Plain Blvd Ennis Creek SE 1st St (Linear Feature) NE 192ndAve Smith and Bybee SE Mill Plain Blvd Wetlands Natural Area 14 UV Water Bodies N Marine Dr Columbia River Rivers/Streams S Lieser Rd Chimney Park Miller Creek Lotus Isle Park Existing Railroads Forest Park Heron Lakes High Volume At-Grade Railroad Crossing SE 192ndAve Pier Park Golf Course UV14 !? (Road Traffic >15,000 AADT) n SE 164thAve NE Martin Luther King Jr Blvd N Portland Rd M James Gleason Memorial Boat Ramp v® Hospitals n Wright Island Columbia Slough #1 Columbia WA-14 W St Johns Park George Park Exeter Property Children's n Schools N Columbia Blvd Arboretum WA-14 E Cathedral
    [Show full text]
  • Portland Street Name Changes 3/1/07 Source: Portland Office of Transportation
    Portland Street Name Changes 3/1/07 Source: Portland Office of Transportation OLD STREET NAME NEW STREET NAME LOCATION ORDINANCE/LETTER DATE UNNAMED STREET MONTGOMERY DR CARTERS, EAST OF VISTA NO 50691 October 27, 1926 1 AVE 14 ST E CITY VIEW PARK ADDITION NO 14337 November 17, 1904 1 AVE 41 ST E HAWTHORNE AVE ADDITION, SUNSET PARK NO 17118 October 10, 1907 1 AVE 54 AVE NASHS 1ST ADDITION, BLOCKS 5 TO 7 NO 21168 May 5, 1910 1 AVE 54 AVE SE EAST VIEW, HALLER ADDITION, RIGGS ADDITION NO 32065 August 30, 1916 ARLETA PARK #2, MT SCOTT PARK, FILLEY PARK, BROCK ADDITION, ARDEW PARK, CAMPBELL ADDITION, CARLYLE ADDITION, SAGMAW 1 AVE 91 ST SE HEIGHTS NO 29151 July 1, 1914 1 AVE BOSTON AVE MULTNOMAH PARK NO 7263 12-Jan-1892 1 AVE ERIE ST MINERS ADDITION NO 7263 12-Jan-1892 FIRST ST TERRACES, PORTLAND HOMESTEAD, PORTLAND 1 AVE LOWELL AVE HOMESTEAD BLOCKS 6 AND 7 NO 7263 12-Jan-1892 1 AVE OMAHA AVE ALLISION ADDITION; GAYS ADDITION; ALBION ADDITION NO 7263 12-Jan-1892 1 ST 33 AVE KLIPPLE ACRE TRACTS & PLAINFIELD NO 22296 November 4, 1910 1 ST 39 ST E RALSTONS ADDITION NO 17118 October 10, 1907 HIGHLAND; LESHS ADDITION; LINCOLN PARK; LINCOLN PARK ANNEX; 1 ST 5 ST E ROSEDALE NO 7263 12-Jan-1892 1 ST 6 ST SELLWOOD, SELLWOOD NO 2 NO 12341 August 22, 1901 1 ST 72 ST E SANTA ROSA PARK NO 17118 October 10, 1907 1 ST ALBANY ST MINERS ADDITION NO 7263 12-Jan-1892 1 ST CHARLESTON ST POINT VIEW NO 7263 12-Jan-1892 1 ST CLAY ST E HAWTHORNE PLACE NO 16879 August 23, 1907 1 ST GLENN AVE FERNWOOD SUBDIVISION, TRACT 1 & 4 NO 17118 October 10, 1907 1 ST HASSALO ST
    [Show full text]
  • CRESTON VILLA APARTMENTS 44 Units • Portland, Oregon OFFERING MEMORANDUM
    CRESTON VILLA APARTMENTS 44 Units • Portland, Oregon OFFERING MEMORANDUM www.hfore.com (503) 241.5541 INVESTMENT SUMMARY Creston Villa Apartments is a well-located 44-unit apartment community Creston Villa Apartments has a diverse unit mix that includes one-, in southeast Portland, Oregon. Located near the intersection of Powell two- and three-bedroom apartments. The majority of the floor plans— Boulevard and Cesar Chavez Boulevard (SE 39th Avenue), Creston Villa approximately 66%—are 776 sq ft two-bed one-bath apartments. Each Apartments has immediate access to major thoroughfares as well as of the units offers a private patio or deck, and a central laundry room is convenient retail services. Safeway is less than one block away, as is easily accessible. Portland’s newest multiplex movie theatre. Numerous local and national retailers and restaurants are found on Powell Boulevard, along Division Creston Villa Apartments’ rents currently average $1,123, or $1.54 Street to the north, and Holgate Boulevard to the south. Creston Park sq ft and have demonstrated a positive trend. Current average rents and Creston Elementary are immediately to the east, and Cleveland High are approximately 6.5% higher than 2018. Creston Villa Apartments’ School is within walking distance. convenient location and strong historical operations make the asset an exceptional investment opportunity. 2 HFO INVESTMENT REAL ESTATE EXECUTIVE SUMMARY INVESTMENT HIGHLIGHTS • Outstanding SE Portland location 29.6% 65.9% 4.5% • Newer roofs and windows 1 Bedrooms 2 Bedrooms
    [Show full text]
  • Mapping Outdoor Recreation and Publicly Accessible Lands in Southern Wisconsin
    This Land is Your Land: Mapping Outdoor Recreation and Publicly Accessible Lands in Southern Wisconsin By: Megan Howell, Katie Kowalsky, Calla Little, Clare Trainor Abstract This project attempts to create an interactive web map of nature based recreational activities and publicly accessible lands in Southeastern and South­Central Wisconsin. Due to the lack of accessible information, we felt there was a need to build an interface that synthesized data from multiple sources, with the goal of informing the public about the types of publicly accessible lands and the variety of recreational opportunities in the study area. This map leverages open source mapping software such as jQuery, Leaflet, Bootstrap and Mapbox tiles in its creation. While we created a successful web map, our struggles with collecting and formatting geographic data reflect the poor quality currently available to the public. The process of this project shows the potential for future mapping endeavours of other public services in the state of Wisconsin. Introduction In Wisconsin, we are fortunate enough to have a plethora of publicly accessible lands, including many outdoor recreation areas. However, this information is not easily found in one place, and is instead spread out across multiple websites with varying degrees of availability and accuracy. For the public it is often difficult to locate these accessible lands as well as determine which outdoor recreational activities are allowable on these properties. Due to this issue, the general population is not well informed about what types of public lands exist in our state, where they are, and what recreational activities are available on these lands.
    [Show full text]