PORTLAND METRO PLEX PORTFOLIOFOR SALE

www.svnimbrie.com

All SVN® Offices Independently Owned and Operated

HUGH HOLTMAN | VICE PRESIDENT hugh.holtman@svn.com

O: 503.208.9393| M: 503.799.0447

• Great exit strategy selling off individually

• Qualifies for (4) single family loans (full 30- yr amortization) at historic low rates

• Possible condo conversion on Vancouver & Missouri properties

• Excellent owner occupied opportunities

• Long term tenants

Eleven (11) Total Units

One (1) - Studio Unit Two (2) - 1 Bedroom/Bathroom UnitsFour (4) - 2 Bedrooms/1 Bathroom UnitsTwo (2) - 3 Bedrooms/2.5 Bathrooms UnitsTwo (2) - 3 Bedrooms/3 Bathrooms Units

PORTFOLIO HIGHLIGHTS

SVN Imbrie is proud to present the Portland Metro Plex Portfolio. This portfolio features four (4) ideally situated plex properties in some of the most vibrant Portland neighborhoods. All eleven (11) units across all four (4) properties features larger than average units which is ideal for work from home situation. Currently all properties are fully occupied and are below market rents. For more information please contact Hugh Holtman at 503-799-0447 or via email at hugh.holtman@svn.com.

EXECUTIVE SUMMARY

6210 N MEARS STREETUNIT COUNT 4

LOT SIZE 0.12 Acres

BUILDING SIZE 3,265 SF

YEAR BUILT 2000

729 NE SHAVER STREETUNIT COUNT 3

LOT SIZE 0.11 Acres

BUILDING SIZE 2,086 SF

YEAR BUILT 1907

4075 N VANCOUVER AVENUEUNIT COUNT 2

LOT SIZE 0.12 Acres

BUILDING SIZE 3,316 SF

YEAR BUILT 2001

3617 - 3619 N MISSOURI AVENUEUNIT COUNT 2

LOT SIZE 0.11 Acres

BUILDING SIZE 3,040 SF

YEAR BUILT 1996

6210 N Mears Street Portland, Oregon 97203

4075 N Vancouver Avenue Portland, Oregon 97227

729 NE Shaver Street Portland, Oregon 97212

3617 - 3619 N Missouri Avenue Portland, Oregon 97227

• Large 2 bedroom units with in-unit W/D, storage.

• Close proximity to University of Portland

• Easy Commute to Downtown Portland & St Johns neighborhood

• Off-street parking

• Large 3 bedroom units

• Perfect for roommates or WFH situations

• Possible condo conversion

• Blocks to grocery and eateries on vibrant Williams corridor

• Separately metered for W/S, lowering landlord expenses

• R 2.5a zoning for possible redevelopment

• Great 1,000 sf unfinished basement with laundry

• Corner lot

• Lots of employment and retail amenities nearby

• Garage parking

• Large 3 bedroom units

• Perfect for roommates or WFH situations

• In-unit laundry

• Possible condo conversion

• 1 block to bustling Mississippi corridor

1

23

4

1

2

3

4

6210 N Mears Street

729 NE Shaver Street

4075 N Vancouver Avenue

3617 N Missouri Avenue

PRICING INFORMATIONSALE PRICE $2,399,000PRICE/UNIT $218,091

MARKET CAP RATE 5.31%GIM 11.99

PRICE/SF $204.94UNIT COUNT 11

FINANCIAL SUMMARY

MEARS SHAVER VANCOUVER MISSOURI IN PLACE PORTFOLIO

MARKET PORTFOLIO

GIM: 9.47 13.14 18.34 16.88 14.18 11.69

Price/SF: $145.53 $239.69 $218.64 $229.93 $204.94 $204.94

Year Built: 2000 1907 2001 1996 - -

Acreage: 0.12 0.11 0.12 0.11 0.46 0.46

SQ Feet: 3,264 2,086 3,316 3,040 11,706 11,706

FINANCIAL SUMMARY

IN PLACE PRO FORMA

% Effective Annual Income $/Unit/Yr Budget % Effective

Annual Income $/Unit/Yr Budget

Real Estate Taxes Current 15.49% $2,262 $24,887 12.76% $2,262 $24,887Insurance Budget 1.37% $200 $2,200 1.13% $200 $2,200Electric / Gas Budget 0.12% $18 $200 0.10% $18 $200Water & Sewer 2020 Annualized 4.30% $628 $6,909 3.54% $628 $6,909Garbage 2020 Annualized 2.22% $324 $3,566 1.83% $324 $3,566Management 9% 9.00% $1,315 $14,463 7.00% $1,241 $13,651Maintenance/Repairs 2019 YE 5.45% $796 $8,758 4.49% $796 $8,758Turnover 2019 YE 0.34% $50 $550 0.28% $50 $550Landscape Maintenance 2019 YE 2.26% $330 $3,635 1.86% $330 $3,635Advertising Budget 0.31% $45 $500 0.26% $45 $500Reserves Budget 1.71% $250 $2,750 1.41% $250 $2,750Total Estimated Annual Expenses 42.57% ($6,220) ($68,418) 34.67% ($6,146) ($67,606)Total Estimate Net Operating Income 55.87% $8,162 $89,786 65.33% $11,583 $127,412

CAP RATE: 3.85% CAP RATE: 5.31%

IN PLACE PRO FORMA

$/Unit/Yr Budget $/Unit/Yr BudgetScheduled Gross Annual Income $3,458 $167,820 $3,725 $203,940 RUBS - $1,342 - $1,342 Less: Vacancy (5%) ($173) ($8,458) ($186) ($10,264)Other Income - - - -Effective Annual Income $3,285 $160,704 $3,539 $195,018

INCOME

EXPENSES

RENT ROLL

VANCOUVER DUPLEX

UNIT # UNIT TYPE APPROX SQ. FT.

ACTUAL RENT

MARKET RENT

1 3 BD / 2.5 BA 1,658 $1,475 $2,250

2 3 BD / 2.5 BA 1,658 $1,795 $2,250

R2.5A ZONING TOTAL 3,316 $3,270 $4,500

SHAVER TRIPLEX

UNIT # UNIT TYPE APPROX SQ. FT.

ACTUAL RENT

MARKET RENT

1 STUDIO 636 $925 $1,025

2 1 BD / 1 BA 725 $1,095 $1,195

3 1 BD / 1 BA 725 $1,150 $1,195

R2.5 ZONING TOTAL 2,085 $3,170 $3,415

MISSOURI DUPLEX

UNIT # UNIT TYPE APPROX SQ. FT.

ACTUAL RENT

MARKET RENT

1 3 BD / 3 BA 1,520 $1,595 $2,150

2 3 BD / 3 BA 1,520 $1,770 $2,150

RM1 ZONING TOTAL 3,040 $3,365 $4,300

MEARS 4 PLEX

UNIT # UNIT TYPE APPROX SQ. FT.

ACTUAL RENT

MARKET RENT

1 2 BD / 1 BA 816 $950 $1,195

2 2 BD / 1 BA 816 $1,020 $1,195

3 2 BD / 1 BA 816 $1,090 $1,195

4 2 BD / 1 BA 816 $1,120 $1,195

RM2 ZONING TOTAL 3,316 $4,180 $4,780

MISSOURI DUPLEX

UNIT # UNIT TYPE APPROX SQ. FT.

ACTUAL RENT

MARKET RENT

1 3 BD / 3 BA 1,520 $1,595 $2,150

2 3 BD / 3 BA 1,520 $1,770 $2,150

RM1 ZONING TOTAL 3,040 $3,365 $4,300

PORTFOLIO RENT COMPARISON

$0

$500

$1,000

$1,500

$2,000

$2,500

Studio 1 Bedroom 2 Bedrooms 3 Bedrooms

In Place Market

METRO POPULATION

PORTLAND OREGONPORTLAND OREGON

2,382,027 37.8

$55,300 $375,425 $1,115

36 Inches 26.6 Minutes

MEDIAN AGE CITY GEOGRAPHICAL SIZE

MEDIAN INCOME MEDIAN HOME VALUE MEDIAN RENT

AVERAGE ANNUAL RAIN FALL AVERAGE DAILY COMMUTE TIME

Portland is a well-rounded region with more than just the offbeat shops and events. Museums, art galleries and the oldest public library on the West Coast feed a population with more academic degrees than the national average. The metro area’s loyal sports fans avidly support their NBA basketball team, the Portland Trail Blazers; MLS soccer team, the Portland Timbers; and major junior ice hockey team, the Portland Winterhawks.

Wilderness is also close by. Two mountain ranges and the Pacific Ocean can be reached in an hour or two, while the fertile vineyards of the Willamette Valley lure city dwellers with a thirst for something fresh.

Residents live up to the unofficial city motto: “Keep Portland Weird.” Locals tend to be friendly and laid-back while maintaining a healthy work ethic. This, combined with Portland’s emphasis on self-expression, has created a breeding ground for many independent businesses and startups. According to the latest US News Best Places to Live scorecard, Portland received a perfect 10.0 score on desirability. Portland is a market that’s ever changing and growing. Always marches to the beat of its own drums.

145.09 Square Miles

LOCAL SPORTS TEAMS

HIGHER EDUCATION

MAJOR EMPLOYERSM

ETRO

AT

A G

LAN

CE

#1BEST FOODIE CITY

(WALLET HUB)

#5Quality of life

(PATCH)

#8BEST CITY TO LIVE

(US NEWS)

RANKING

#12MOVING DESTINATION

(UPDATER)

#16HEALTHIEST CITY

(BEST PLACES)

All SVN® Offices Independently Owned and Operated

10300 SW GREENBURG ROAD, SUITE 240 PORTLAND | OREGON | 97223

(503) 208-9400

www.svnimbrie.com

EXCLUSIVELY PRESENTED BY

HUGH HOLTMAN | VICE PRESIDENT hugh.holtman@svn.com

O: 503.208.9393 | M: 503.799.0447

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.

DISCLAIMER