Local experienced builder in Portland, OR developed this project at the perfect time. Low inventories and high demand made him decide he needed to move now to take advantage of the opportunity. With views of the St John’s bridge and the Willamette River, the 8 new townhouses have the option of using a third 3rd bedroom for the main unit or the new owner can also use as a permitted ADU with their own outdoor access. The 8 newly constructed town homes are just a block to Cathedral Park on the Willamette River, local St John’s shops and restaurants. Each home has a one car garage, two balcony decks and no HOA’s. The units are selling as fast as the builder can finish them and are going for well above the appraised amounts back when the project first started.
SFG is providing exceptional loans to spec builders looking for certainty so they can capitals on opportunities as they present themselves!