BURNSIDE ROCKET3 Offices sandwiched between
top floor & ground floor Restaurants
(1111 E Burnside St. Portland, Oregon 97227)
LAND COST 3,800 sq.ft. X $20 = $76,000
COST = $3,861,000 VALUE = $3,998,000
INVESTMENT = $1,140,000 RETURN = 7%
HARD COSTS = $175/sq.ft. SOFT COSTS = $51/sq.ft.
NOTE: V.E. THE WAY YOU WANT
NOTE: ‘SOPHISTICATED’ GREEN …..
…. AND MY BIG EGO = EXPENSIVE!
i.e. – QUIT WHILE YOU’RE AHEAD.
COST = $3,861,000 2008 VALUE = $3,998,000
2011 VALUE = $2,900,000NET PROFIT = ($1,098,000)
The OCEAN4 Micro Restaurants
1 Bakery1 Office1 Loft
(NE Glisan and 24th, Portland, Oregon 97214)
COST 7,200 sq.ft. X $110 = $792,000
COST = $1,300,000 VALUE = $1,500,000
www.TENpod.org/guerrilladevelopment