Highland View Apartments

Project Basics:

  • Location: Elgin, Oregon
  • Number of units: 24
  • Year completed: 1991
  • Cost of construction: $317,990
  • Total development cost: $851,700
  • Project sold in 2004

Major challenges:

  • Project was going into foreclosure when purchased
  • Only six years old; had to get special waiver on ten-year ownership rule
  • Significant deferred maintenance

Renovations:

  • Replaced existing playground
  • Replaced vinyl flooring, carpet, paint and countertops
  • Improved energy efficiency by installing storm windows and improving insulation
  • Solved site drainage issues
  • Installed new metal roof
  • Improved site with new native landscaping and new fencing