ANITA RISBERG, CCIM Principal Broker [email protected]503.847.7990 Wilsonville Greens - 12 Townhome Style Units 10460 SW WILSONVILLE ROAD, WILSONVILLE, OR 97070 MULTIFAMILY PROPERTY FOR SALE OmniVest | 503.847.7990 | 5 Centerpointe Drive, Suite 400, Lake Oswego, OR 97035| www.omnivestcire.com
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MULTIFAMILY PROPERTY FOR SALE Wilsonville Greens - 12 ... · ANITA RISBERG, CCIM Principal Broker [email protected] 503.847.7990 Wilsonville Greens - 12 Townhome Style Units
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Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questionsshould be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services aremarketed by OmniVest, LLC in compliance with all applicable fair housing and equal opportunity laws.
Confidentiality & Disclaimer
OmniVest | 503.847.7990 | 5 Centerpointe Drive, Lake Oswego, OR 97035 | www.omnivestcire.com
10460 SW WILSONVIL LE ROAD, WILSONVIL LE , OR 97070
Wilsonville Greens - 12 Townhome Style Units
PROPERTY INFORMATION 4
LOCATION INFORMATION 10
FINANCIAL ANALYSIS 14
SALES COMPARABLES 18
RENT COMPARABLES 23
DEMOGRAPHICS 28
ADVISOR BIOS 31
Table Of Contents
OmniVest | 503.847.7990 | 5 Centerpointe Drive, Lake Oswego, OR 97035 | www.omnivestcire.com
10460 SW WILSONVIL LE ROAD, WILSONVIL LE , OR 97070
PROPERTY OVERVIEWWIlsonville Greens consisting of 12 town-home style 3 bedroom, 2.5 bath units with attached 1 car garage. Builtin 2016. Near Oswego Grill, McMenamins, Fred Meyers Shopping Center. Villebois residential developmentand schools.
These units have large open floor plans, tall ceilings and gas fireplaces. Large master bedroom with attachedbath. Kitchen has stainless steel appliances, granite counters, washer and dryer upstairs, and a private patio!Walking paths and abundant green space.
www.omnivestcire.comMORE INFORMATION AVAILABLE ONLINE:
LOCATION OVERVIEWWilsonville is the epitome of small-town living in northwest Oregon. Situated just 18 miles southwest of Portland.
Wilsonville has no shortage of conveniences, from local business, casual restaurants, and grocery stores tobanks, fitness centers, and public schools in the West Linn-Wilsonville School District. I-5 runs straight throughtown, or take advantage of public transit.
Along the Willamette River near the south end of town there is Memorial Park which has riverfront views, athleticfields, nature trails, playground, and an off-leash dog park, as well as the favorite Charbonneau Golf Club.
PROPERTY SUMMARY
Sale Price: $3,950,000
Number Of Units: 12
Cap Rate: 5.09%
NOI: $200,258
Lot Size: 0.79 Acres
Building Size: 16,216 SF
Year Built: 2016
Zoning: PDR5
Market: Portland
Sub Market: Wilsonville MF
Executive Summary
OmniVest | 503.847.7990 | 5 Centerpointe Drive, Lake Oswego, OR 97035 | www.omnivestcire.com
10460 SW WILSONVIL LE ROAD, WILSONVIL LE , OR 97070
Price $3,950,000Price per Unit $329,166GRM 13.5CAP Rate 5.1%Cash-on-Cash Return (yr 1) 3.77 %Total Return (yr 1) $94,681Debt Coverage Ratio 1.29
OPERATING DATA
Gross Scheduled Income $292,025Other Income $16,426Total Scheduled Income $308,451Vacancy Cost $14,601Gross Income $293,849Operating Expenses $93,591Net Operating Income $200,258Pre-Tax Cash Flow $44,707
FINANCING DATA
Down Payment $1,185,000Loan Amount $2,765,000Debt Service $155,551Debt Service Monthly $12,962Principal Reduction (yr 1) $49,974
Financial Summary
OmniVest | 503.847.7990 | 5 Centerpointe Drive, Lake Oswego, OR 97035 | www.omnivestcire.com
10460 SW WILSONVIL LE ROAD, WILSONVIL LE , OR 97070
Wilsonville Greens - 12 Townhome Style Units
Income & Expenses
OmniVest | 503.847.7990 | 5 Centerpointe Drive, Lake Oswego, OR 97035 | www.omnivestcire.com
10460 SW WILSONVIL LE ROAD, WILSONVIL LE , OR 97070
Principal BrokerANITA RISBERG, CCIM Professional Background
Anita Risberg, CCIM has been recognized by her peers for her service and professionalism. Having successfullynegotiated all types of commercial and investment real estate for almost 30 years, much of Anita's brokerage practice overthe last fifteen years has been centered on multifamily investment property acquisitions and dispositions. Her completedtransactions total over $100 million. Serving local, regional and national clients across the Pacific Northwest.
She has worked on a wide range of projects that include valuations for attorneys, dispositions for banks, assemblages,development and redevelopment of existing properties. Anita has cultivated a strong regional network of relationships andexclusive partnerships and is an active liaison with other top brokers/agents. One of Anita's greatest strengths is her abilityto prospect for off-market opportunities.
Memberships & AffiliationsServed as the 2017 Regional Vice President for Region 1 through the CCIM Institute. She is a member of CCIM Instituteand the National Association of Realtors. 2010 Chapter President Oregon/SW Washington CCIM Chapter. WVCR2009 Realtor of the year. 2017 Graduate of the JWL leadership training through the CCIM Institute in Chicago.
EducationBachelors Degree in Business from Mankato State University and Western Oregon University.
CCIM Designation, CCIM Institute Chicago, Ill.
2017 Graduate of the JWL leadership training through the CCIM Institute.