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
