1306_Fairview_Catalog - page 3

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AND BID PACKAGE CALL 1-800-845-3524
hese five new live/work architect-designed townhomes are located
in the award-winning community of Fairview Village, which has
been called Portland’s next great neighborhood. Fairview Village
has excellent access to I-84, and is a short drive to downtown Port-
land, Portland International Airport, employment centers along I-84
and I-205, and to nearby Vancouver and Camas, Washington.
McMenamins Edgefield, one of the northwest’s most popular desti–
nation resorts at the mouth of the spectacular Columbia River Gorge
Scenic Area, is just three miles east of Fairview Village.
The Seller – Anchor Bank – has established minimum bids for the
auction that start at $193,500, or $62 per square foot. These five
townhomes range from 1,976± to 2,380± square feet, each with an ad-
ditional ground-floor storefront of up to 960± square feet.
The ground floor commercial space provides opportunity for resi-
dents to have a professional office, artist studio, retail or other com-
mercial use, with the option to lease-out in order to generate invest-
ment income. The townhomes have off-street parking, and additionally
each of these five townhomes has an attached two-car garage.
Special auction financing is being offered by Anchor Bank as an add-
ed incentive, providing an exceptional opportunity to purchase as
either an owner-occupant or as an investor. This may be a last op-
portunity to acquire new construction with Seller financing in an
award-winning community at minimum bid prices that start at $62
per square foot – a significant discount to both the Fairview Village
Townhomes last asking prices, and replacement cost.
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