SUNNYSIDE DUPLEX

2-Unit Multi-Family Investment

1134 SE 45th Avenue, Portland, Oregon 97215

SUNNYSIDE DUPLEX – IDEAL INVESTMENT OR OWNER-OCC!

136 NE 28th

Avenue

Portland, Oregon 97232

503-327-8237 Office

503-954-3087 Fax

www.equitypacificrealestate.com

SUNNYSIDE DUPLEX

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and

bears all risk for any inaccuracies.

Subject Property Exterior Photos

SUNNYSIDE DUPLEX

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and

bears all risk for any inaccuracies.

Interior Photos – Main Level 2BR/1BA

SUNNYSIDE DUPLEX

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and

bears all risk for any inaccuracies.

Interior Photos – Second Floor 2BR/1BA

SUNNYSIDE DUPLEX

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and

bears all risk for any inaccuracies.

Subject Property Neighborhood Photos

Hawthorne Fred Myer Bagdad Theater & Pub

Powell’s Books Multnomah County Library - Belmont

¿Por Que No? Common Grounds Coffeehouse

SUNNYSIDE DUPLEX

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and

bears all risk for any inaccuracies.

Price: $579,000

Down Payment: 25% $144,750

Number of Units: 2

Price/Unit: $289,500 $434,250

Building/SF: 3,618

Price/SF $160

Current Cap: 4.38%

Market Cap: 5.36% Parcel ID

Current GIM 15.6 Lot Size

Market GIM 13.5 Utilities paid by Tenant

Year Built: 1890

Current Market 2018 Estimate % EGI Per Unit

INCOME EXPENSES

Scheduled Rent Income: $38,280 $43,080 Taxes $6,637 - $3,319

RUBS $0 $1,080 Insurance $1,200 - $600

Scheduled Gross Income: $38,280 $44,160 Water & Sewer $3,200 - $1,600

Less: Vacancy (3%) ($1,148) ($1,325) Trash/Recycling $750 - $375

Effective Gross Income: $37,132 $42,835 Electricity $0 - $0

Less: Expenses: ($11,787) ($11,787)

Net Operating Income $25,345 $31,048

Year 1 Debt Service ($29,587) ($29,587) Total Expenses $11,787 31.7% $5,894

Pre-Tax Cash Flow -$4,243 $1,461

Principal Reduction $5,850 $5,850

Total Return 1.1% $1,607 5.1% $7,310

Cash Yield -2.9% -$4,243 1.0% $1,461

Total Units Unit Type Rent Rent/PSF Rent Rent PSF

1 2BR-1BA 1,475 SF $1,695 $1.15 $1,895 $1.28

1 2BR-1BA 1,275 SF $1,495 $1.17 $1,695 $1.33

2 $3,190 $3,590

Additional Information

R169587

Approximate SF/Unit

0.09 Acre (4,000 SF)

Electricity

Annualized Operating Data Annualized Expenses

Scheduled Income Current Market

1134 SE 45th Avenue

Portland, OR 97215

Financing Summary

Amortized over 30 Years

at 5.50% Principal and Interest

New Non-Owner Occupied Residential Loan in the amount of

Summary Location

INVESTMENT SUMMARY

SUNNYSIDE DUPLEX

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

RENT SURVEY

PROPERTY LOCATION

YEAR BUILT

TOTAL # OF

UNITS UNIT TYPE

UNIT SF

CURRENT RENT

RENT/PSF SOURCE PHOTO

1134 SE 45th Ave Portland, OR 97215

*Subject Property

1890 2 1 - 2BR/1BA 1 - 2BR/1BA

1475 1275

$1695 $1495

$1.15 $1.17

Estimated

2624 SE Pine St Portland, OR 97214

1911 4 2BR/1BA 700 $1600 $2.29 Craigslist 5/3/18

3534 SE Main St Portland, OR 97214

1910 2 2BR/1BA 1083 $1850 $1.71 Craigslist 5/3/18

SUNNYSIDE DUPLEX

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

PROPERTY LOCATION

YEAR BUILT

TOTAL # OF

UNITS UNIT TYPE

UNIT SF

CURRENT RENT

RENT/PSF SOURCE PHOTO

3824 SE Lafayette Ct Portland, OR 97202

1952 2 2BR/1BA 792 $1595 $2.01 Craigslist 5/3/18

5707 SE Belmont St Portland, OR 97215

1976 2 2BR/1BA 750 $1550 $2.07 Craigslist 3/22/18

916 SE 35th Ave Portland, OR 97214

1907 2 2BR/1BA 1000 $1700 $1.70 Craigslist 2/1/18

SUNNYSIDE DUPLEX

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

PROPERTY LOCATION

YEAR BUILT

TOTAL # OF

UNITS UNIT TYPE

UNIT SF

CURRENT RENT

RENT/PSF SOURCE PHOTO

3045 SE Main St Portland, OR 97214

1966 2 2BR/1BA 1200 $1745 $1.45 Craigslist 1/10/18

2508 SE Belmont St Portland, OR 97214

1910 4 2BR/1BA 1052 $1990 $1.89 Craigslist 1/10/18

2354 SE 48th Ave Portland, OR 97215

1967 2 2BR/1BA 950 $1700 $1.79 Craigslist 12/26/17

SUNNYSIDE DUPLEX

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

RECENT SALES COMPARABLES

PROPERTY LOCATION

YEAR BUILT # UNITS

UNIT MIX / COMMENTS PRICE

PRICE / UNIT

PRICE / SF GRM SOLD PHOTO

1134 SE 45th Ave Portland, OR 97215

*Subject Property

1890 2 2 - 2BR/1BA

$579,000 $289,500 $160 15.6 TBD

622 SE 60th Ave Portland, OR 97215

1910 2 2 – 2BR/1BA $585,000 $292,500 $289 15.0 June 2018

5807 SE Belmont St Portland, OR 97215

1909 2 2 – 2BR/1BA $595,000 $297,500 $153 20.4 June 2018

SUNNYSIDE DUPLEX

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

PROPERTY LOCATION

YEAR BUILT # UNITS

UNIT MIX / COMMENTS PRICE

PRICE / UNIT

PRICE / SF GRM SOLD PHOTO

103 NE 29th Ave Portland, OR 97232

1909 2 1 – 3BR/1.5BA 1 – 1BR/1BA

$650,000 $325,000 $290 NA May 2018

1320 SE 28th Ave Portland, OR 97214

1905 2 2 – 2BR/1BA $675,000 $337,500 $206 17.6 Nov 2017

1604 SE 37th Ave Portland, OR 97214

1910 2 1 – 2BR/1BA 1 – 1BR/1BA

$650,000 $325,000 $246 17.9 Oct 2017

2036 SE Morrison St Portland, OR 97214

1909 2 1 – 3BR/1BA 1 – 2BR/1BA

$580,000 $290,000 $269 14.1 Sept 2017

SUNNYSIDE DUPLEX

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

PROPERTY LOCATION

YEAR BUILT # UNITS

UNIT MIX / COMMENTS PRICE

PRICE / UNIT

PRICE / SF GRM SOLD PHOTO

735 SE 32nd Ave Portland, OR 97214

1890 2 2 - 2BR/1Ba $625,000 $312,500 $303 30.5 Sept 2017

1322 SE 27th Ave Portland, OR 97214

1925 2 1 – 2BR/1BA 1 – 1BR/1BA

$650,000 $325,000 $268 22.6 Aug 2017

532 SE 52nd Ave Portland, OR 97215

1951 2 1 – 2BR/1BA 1 – 1BR/1BA

$665,000 $332,500 $150 NA June 2017