👑 Beaverton Condo Under 100K! 👑
Looking for a deal with major upside and just a hint of adventure? This Beaverton condo might not win any beauty contests yet, but it’s packed with potential. Priced at only $94,000, in a building where similar units have recently sold for around $240K to cash and conventional buyers, this one’s the ugly duckling ready to transform into a $320K FHA/VA-approved swan once upcoming assessments are resolved.
Yes — there are two special assessments totaling $40K, about $40K in rehab, and a bit of uncertainty until those assessments are finalized. But fortune favors the bold (and those unafraid of a little drywall dust).
All in, you’re looking at roughly $174K total investment with a potential upside north of $140K once stabilized and financing restrictions lift.
High risk? A little.
High reward? Absolutely.
Deal Summary:
Purchase Price $94,000
Rehab Estimate $40,000
Special Assessments $40,000
Total Investment $174,000
Future Value $320,000
Potential Equity / Profit $146,000+
Exit Strategies:
Sell now for a quick profit
Buy & Hold: Hold for 24 months and triple your profit potential
Fix & Flip: Renovate and sell for approx $320K+
1595 NW Lakeway Ln, Beaverton, OR 97006
3 beds | 3 baths | 1,424 sqft
Gas fireplace in the living room, brand new kitchen, and all appliances included
Detached one-car garage
Minutes to top schools, parks, retail, and dining
Property is currently eligible for cash and conventional financing only, not FHA/VA, due to upcoming assessments but we anticipate that to be resolved in roughly 24 months. Once the 2nd assessment goes through and monthly goes up, the prices are to go back up to the $320,000+ range
HOA dues: $550 per month includes water, sewer, garbage, exterior maintenance, and landscaping
HOA Docs here: https://tinyurl.com/LakewayHOA
Public Walkthrough on 11/12 at 12 PM.
Closing date: 12/12/2025 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
