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Updated over 10 years ago on . Most recent reply

Josh Lee's profile image
Josh Lee's profile image
Josh Lee
  • Real Estate Investor
  • from Menlo Park, California
  • Member since Nov 15, 2012

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Josh Lee's profile image
Josh Lee's profile image
Josh Lee
  • Real Estate Investor
  • from Menlo Park, California
  • Member since Nov 15, 2012
Josh Lee
  • Real Estate Investor
  • Menlo Park, CA
0
Votes |
9
Posts
Multi-Family and Apartment Investing

4-plex, convert to 12 unit?

Josh Lee
  • Real Estate Investor
  • Menlo Park, CA
Posted

Hi All,

I'm considering purchasing a 4-plex the address is 4975 SW Franklin Ave, Beaverton, OR 97005.  The seller states that the property is zoned for high density development, so up to 12 units on the lot, subject to verification with the city.  What do you think?  I have enough capital to build additional units but don't have the experience to know if it'll be profitable or not.

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