16933 SW 132nd Ter - Apartments FOR SALE


Tigard, OR 97224- Bull Mountain
$2,920,000 USD
503-956-8104
16933 SW 132nd Ter, Tigard, OR for Sale
$2,920,000 USD
Apartments - FOR SALE
1/36
null | 5.79% Cap Rate

16933 SW 132nd Ter
Tigard, OR 97224
Bull Mountain


HIGHLIGHTS

  • Potential to rent out lower in-law suites as separate unit or market for rent as an opportunity for multigenerational living.
  • Private backyards backing up to serene wooded green space.
  • Open concept floor plans with gourmet kitchen & high end finishes.
  • Brand new construction in the heart of Bull Mountain right next to King City Community Park which has lots of great amenities.
  • High growth area at the start of where Fischer Rd plans to be extended as part of the Kingston Terrace master plan.
  • Future retail space at the corner of 131st & Fischer to support the residential portion of the community.

OVERVIEW

Opportunity to purchase entire building of all 5 brand new single family attached townhomes for limited time only! Will be going on the residential sites on 4/1 to be sold individually as they're currently finishing up construction. Option to purchase individual units at $580,000-$590,000 (5 available) per unit. Welcome to Summa Village by local builder Laurel Crown Construction, a community of contemporary townhomes nestled in the quiet, walkable community of King City in the heart of Bull Mountain. These townhomes are 4 bedrooms, 3.5 baths including a versatile in-law suite on the lower-level ideal for multigenerational living or utilize as separate rental unit to help supplement your mortgage. Features include an open concept floor plan on the main level with a gourmet kitchen, high ceilings, large kitchen island and sliding glass doors taking you out to a spacious deck and overlooking your own private backyard, perfect for entertaining. Additional highlights include a primary suite with large walk-in closet & en suite bathroom, 1-car garage, central heating & cooling, gas range, electric fireplace, stainless-steel LG appliances and LVP flooring & quartz countertops throughout. The lower-level in-law suite provides a unique opportunity for independent living having its own kitchenette with built-in dishwasher & microwave, laundry closet, full bathroom, and private covered porch & backyard. Abundant windows throughout the home allow natural light to fill this open concept floor plan. This community is located within walking distance to King City Community Park where you’ll find fun amenities like a sprawling park, sport courts and river access fun for the entire family. Contact us today to schedule a tour and learn more about our preferred lender incentives!

FOR SALE DETAILS

PRICE

$2,920,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

5

PRICE/UNIT

$584,000

CAP RATE

5.79%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Summa Village Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

68,046 SF

ZONING

NMU

APN/PARCEL ID

R0524427

ASK ABOUT THIS PROPERTY

Tyler HorstSumma Real Estate GroupMore Info
503-956-8104

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Tyler HorstSumma Real Estate GroupMore Info
503-956-8104

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.