Fircrest Apartments

Project Details

  • Property Address:
    Beaverton, Oregon
  • Acquisition Date: March 20, 2016
  • Purchase Price: $5,600,000
  • Renovation Costs:
    $2,964,208 ($50,240 per unit) 
  • Number of Units: 59 
  • Number of Buildings: 13
  • Number of Stories:
  • Year Built: 1972 

Unit Interior Renovations

  • Kitchens and bathrooms including cabinets and countertops, energy-efficient lighting and plumbing fixtures, accessories, showers, tub surround, and toilets;
  • Energy Star appliances, and microwave/range hood;
  • Upgraded existing baseboard heaters to digitally-controlled cadet heaters;
  • High-efficiency lighting and ceiling fan fixtures;
  • Water heaters, exhaust fans, and smoke detectors;
  • LVT faux wood vinyl plank, and carpet;
  • Drywall repair, patch, texture, and paint;
  • Window treatments;
  • Interior doors and new door hardware throughout; and,
  • Baseboards in all common areas.

Building Envelope and Exterior Renovations

  • Full tear-off and re-roofed and replaced damaged sheathing at all residential buildings;
  • Vinyl siding repair and cleaning;
  • Landings, stairs, and railing;
  • Building insulation to meet a minimum of R-38 attic; and,
  • Exterior doors and windows.

Site Improvements

  • Asphalt parking lots, sealing and striping;
  • Landscaping;
  • Clubhouse and common laundry room to include new flooring, lighting, paint, and ventilation;
  • Cleaned drainage lines from buildings, stormwater system, and main lines on the property;
  • Replaced galvanized water supply laterals;
  • Exterior building and directional signage;
  • Perimeter fencing repairs and paint;
  • Concrete walkways;
  • Playground and sport court equipment, and common barbeque area;
  • Landmark signs at property entrances; and,
  • Site lighting on grounds and around buildings, and security camera system.