The Greenburg Townhomes are located in the strong sub-market of Tigard, Oregon and are comprised of 8 large townhome style units. Each apartment features 2 bedrooms and 1.5 baths, spacious floor plans, off-street parking, and private back patios. Tenants benefit from a unique oversized lot of nearly half an acre, with ample green space and is located nearby.The property has operated at a historically low vacancy, which is in line with the latest average vacancy rate reported for the Tigard submarket 2BR townhome style units at 2.55% (Multi-Family NW, Fall 2023). This opportunity provides a new owner with a significant and realistic path to organically increase the revenue at lease renewals or turnovers (the average in place is approx. 10-15%…
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The average household income in
Tigard, OR
grew
from
$65,505
to
$70,120
in the past year. This data is an estimate based upon
20,421
households in
Tigard, OR. The chart below presents how household income is distributed in
Tigard, OR
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Tigard, OR
compared to median property taxes around the country. The prevalent amount of property taxes in
Tigard, OR
equals
$3k+
, which is
more
than the national average.