500 S River St, Newberg
20 Units: (6) 2 bed, 1 bath & (14) 1 bed, 1 bath
Property has an assumable loan fixed at 3.70% until February 2025 and then 4.20% until February 2030 with a 1% prepay the entire time
Built in 1963, Rivercrest Apartments in Newberg, Oregon, offer a serene and picturesque living experience along the banks of the Willamette River, providing residents with a harmonious blend of nature’s beauty and contemporary comforts.
- 2018 – Full repaint, Drivelane asphalt removed & replaced with 3” of new hot asphalt
- 2019 – Concrete replacement to walkways around perimeter of property and for car ingress and egress
- 2021 – Asphalt sealcoat, and restripe