LONGHORN LANE 4-PLEX

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Tyrone Powell
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1 4-Unit Multi-Family Investment SW Longhorn Lane, Beaverton, Oregon MULTI-FAMILY INVESTMENT PROPERTY ANALYSIS 136 NE 28 th Avenue Portland, Oregon Office Fax

believe to be reliable, but Equity Pacific

warranties, expressed or implied, as to the

2 Subject Property Exterior Photos 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.

3 Subject Property Exterior Photos 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.

4 Subject Property Interior Photos 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.

5 INVESTMENT SUMMARY Summary Price: $750,000 Down Payment: 25% $187,500 Number of Units: 4 Location SW Longhorn Ln Financing Summary New Non-Owner Occupied Residential Loan in the amount of Price/Unit: $187,500 $562,500 Building/SF: 3,072 at 5.50% Principal and Interest Amortized over 30 Years Price/SF $244 Current Cap: 5.27% Market Cap: 6.96% Parcel ID Current GIM 15.0 Lot Size Market GIM 12.0 Utilities paid by Tenant Additional Information R Acre (10,019 SF) Electricity Year Built: 1978 INCOME Annualized Operating Data Annualized Expenses Current Market 2018 Estimate % EGI Per Unit EXPENSES Scheduled Rent Income: $51,540 $62,160 Taxes $6,719 - $1,680 RUBS/Pet Rent $0 $2,400 Insurance $920 - $230 Scheduled Gross Income: $51,540 $64,560 Water & Sewer $2,040 - $510 Less: Vacancy (3%) ($1,546) ($1,937) Trash/Recycling $480 - $120 Effective Gross Income: $49,994 $62,623 Gas & Electricity $280 - $70 Less: Expenses: ($10,439) ($10,439) Net Operating Income $39,554 $52,184 Year 1 Debt Service ($38,326) ($38,326) Total Expenses $10, % $2,610 Pre-Tax Cash Flow $1,229 $13,858 Principal Reduction $7,577 $7,577 Total Return 4.7% $8, % $21,435 Cash Yield 0.7% $1, % $13,858 Scheduled Income Current Market Total Units Unit Type Approximate SF/Unit Rent Rent/PSF Rent Rent PSF 1 2BR-1BA 760 SF $1,295 $1.70 $1,295 $ BR-1BA 760 SF $1,000 $1.32 $1,295 $ $4,295 $5,180 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.

6 AERIAL PHOTOS

RENT SURVEY PROPERTY LOCATION 12285 SW Longhorn YEAR BUILT TOTAL # OF UNITS UNIT TYPE 1978 4 1 2BR/1BA 3 2BR/1BA UNIT SF 760 760 CURRENT RENT RENT/PSF SOURCE PHOTO $1295 $1.70 Owner $1000 $1.

7 RENT SURVEY PROPERTY LOCATION SW Longhorn YEAR BUILT TOTAL # OF UNITS UNIT TYPE BR/1BA 3 2BR/1BA UNIT SF CURRENT RENT RENT/PSF SOURCE PHOTO $1295 $1.70 Owner $1000 $1.32 *Subject Property 3435 SW 126th Ave Beaverton, OR BR/1BA 920 $1225 $1.33 Owner SOLD by Icon Beaverton SW Farmington Beaverton, OR BR/1BA 877 $1250 $1.43 Craigslist 5/24/18

PROPERTY LOCATION Woodview Apts 14700 SW Beard Rd

TYPE UNIT SF 1999 120 2BR/1BA 855 $1380 $1.

7535 SW Hall Blvd 1986 76 2BR/1BA 932 $1450 $1.

8 PROPERTY LOCATION Woodview Apts SW Beard Rd Beaverton, OR YEAR BUILT TOTAL # OF UNITS UNIT TYPE UNIT SF BR/1BA 855 $1380 $1.61 Craigslist 5/24/18 CURRENT RENT RENT/PSF SOURCE PHOTO 7535 SW Hall Blvd BR/1BA 932 $1450 $1.56 Craigslist 5/21/ SW Why Worry BR/1BA 875 $1275 $1.46 Craigslist 5/21/18

RECENT SALES COMPARABLES PROPERTY LOCATION 12285 SW Longhorn YEAR UNIT MIX / PRICE / PRICE / BUILT # UNITS COMMENTS PRICE UNIT SF GRM SOLD PHOTO 1978 4 4 2BR/1BA $750,000 $187,500 $244 15.

9 RECENT SALES COMPARABLES PROPERTY LOCATION SW Longhorn YEAR UNIT MIX / PRICE / PRICE / BUILT # UNITS COMMENTS PRICE UNIT SF GRM SOLD PHOTO BR/1BA $750,000 $187,500 $ TBD *Subject Property 3435 SW 126th Ave Beaverton, OR BR/1.5BA 3 2BR/1BA $710,000 $177,500 $ May 2018 SOLD by 6141 SW Valley Ave BR/1BA $665,000 $166,250 $ Dec 2017 SOLD by

PROPERTY LOCATION 9750 SW Marjorie Ln YEAR BUILT # UNITS UNIT

5BA 1 2BR/1BA PRICE / PRICE / PRICE UNIT SF GRM SOLD PHOTO

5 Sept 2017 3421 SW 125th Ave Beaverton, OR 97005 1969 4 1

2 Sept 2017 6073 SW Valley Rd 1968 4 1 4BR/2BA 2 2BR/1.

10 PROPERTY LOCATION 9750 SW Marjorie Ln YEAR BUILT # UNITS UNIT MIX / COMMENTS BR/3BA 1 3BR/2BA 1 2BR/1.5BA 1 2BR/1BA PRICE / PRICE / PRICE UNIT SF GRM SOLD PHOTO $790,000 $197,500 $ Sept SW 125th Ave Beaverton, OR BR/2BA 1 3BR/2BA 2 2BR/1BA $690,000 $172,500 $ Sept SW Valley Rd BR/2BA 2 2BR/1.5BA 1 2BR/1BA $749,000 $187,250 $ Aug SW 126th Ave Beaverton, OR BR/2BA 2 2BR/1BA $675,000 $168,750 $ Aug 2017

PROPERTY LOCATION 6140 SW Valley Ave YEAR BUILT # UNITS UNIT MIX / COMMENTS 1969 4 3 2BR/1.

11 PROPERTY LOCATION 6140 SW Valley Ave YEAR BUILT # UNITS UNIT MIX / COMMENTS BR/1.5BA 1 2BR/1BA PRICE / PRICE / PRICE UNIT SF GRM SOLD PHOTO $650,000 $162,500 $ Feb 2018

REED COLLEGE 10-PLEX

REED COLLEGE 10-PLEX 10-Unit Multi-Family Investment 4522-4608 SE 29th Avenue, Portland, Oregon 97202 MULTI-FAMILY INVESTMENT ANALYSIS 136 NE 28 th Avenue Portland, Oregon 97232 503-327-8237 Office 503-954-3087 Fax www.equitypacificrealestate.com