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Approx. $40,000,000 of the $50,000,000 value ( not including diverted income) is in income producing real estate. Approx. $10,000,000 is in raw land, which currently produces no income. The estimated gross income of all of the income producing properties is estimated at $5,000,000 per year and and expenses are estimated at $1,400,000 per year, leaving a Net Operating Income of approx. $3,600,000 per year. The capitalization rate is around 9%. Most of the assets are in prime locations by a major interstate highway.
Synergy Venture Corp. has exercised its Options to purchase all the property interests listed below and is now the sole owner and the sole seller of the property interests listed.
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***SUBJECT PROPERTY INTERESTS FOR SALE***
(A) 50% TENANTS IN COMMON OWNERSHIP
(B) 50% CORPORATE STOCK OWNERSHIP
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PROPERTY
(To view images of each property click file link) |
Owner |
Estimated Value |
5.65 Acres/river front
I-5 @ Columbia River
Adjacent to 719 NE Marine Dr
Portland, Oregon
[file 1] [file 2] [file 3] |
(A) |
Starpoint Properties
Multnomah County
Deed Recording #:
2004-192744 |
$3,375,000 |
719 Marine Drive
House/Business Office
Portland, Oregon |
(A) |
Synergy Venture Corp.
Deed Recording #:
2004-192743 |
$202,500 |
Kings Manor Apartments
7911 SE King Road
Milwaukie, Oregon
[file 1] [file 2] [file 3]
|
(A) |
Synergy Venture Corp.
Recording #:
2005-5330
Clackamas County |
$6,000,000 |
7908 SE Glencoe St.
House+1/2 Acre
Milwaukie, Oregon |
(A) |
Synergy Venture Corp.
Deed Recording #:
2005-5329
Clackamas County |
$405,000 |
Sandwood Apartments
6150-6155 S.W. King Rd
Beaverton, OR
[file 1] [file 2] [file 3] |
(A) |
Capital Dynamics
Deed Recording #:
2004-061707 |
$4,320,000 |
Turner & I-5 Exit
Gas station, store & 22 Acres
Salem, Oregon |
(A) |
Capital Dynamics
Deed Recording #
Reel 2429 Page 80
Clackamas County |
$405,000 |
Tri-City Mobile
Home Park 88 Units
Near I-205 Exit
Gladstone, Oregon
[file 1] [file 2] [file 3] |
(A)
28% |
Synergy Venture
Deed Recording#
2004-061707
Washington County |
$4,230,000 |
Upper & Lower
Boone's Ferry Rds.
Office Bldg + 3 Ac.
Durham, Oregon |
(B)
25% |
Ore-Wash
(Synergy owns 50% of Ore-Wash)
Washington County |
$1,200,000 |
Oregon-Wa Inc.
Pioneer Square @ I-5
17970 SW Lower Boone's
Fery Road
Lake Oswego, Oregon
[file 1] [file2] [file3] [file 4] |
(B) |
Synergy Venture Corp.
owns 50% of Ore-Wash
Deed Recording #
2005-006795
Clackamas County |
$9,100,000 |
Industrial Park (New)
14890 SW Tualatin-
Sherwood Hwy (60 Acres)
Sherwood Oregon |
(B) |
OreWash, Inc.
of Ore-Wash stock
(Synergy owns 50% of Ore-Wash Stock)
Washington County |
$13,412,500 |
Industrial 3 Acre + house
2390 NE Oregon St.
Sherwood, Oregon |
|
John Salter
(VP of Synergy)
(Ore-Wash claims 100%)
Synergy owns 50% of Ore-Wash stock)
Washington County |
$600,000 |
Tri-County Industrial Pk.
600,000 SF on 52 Acres
10510 SW Industrial Way
Tualatin, Oregon
[file 1] [file 2] [file 3] [file 4] |
(B) |
Tri-County, Inc.
(Synergy owns 50%
of Tri-County stock)
Deed Recording #
2005-006797
Washington County |
$40,500,000 |
Sunset Square Shop Ctr.
Sunset HWY at Exit
301 NW Murray Rd.
Beaverton, Oregon
[file 1] [file 2] |
(A)
37% |
Synergy Venture Corp.
Washington County
Deed Recording #
2005-006798 |
$2,740,500 |
Vacant Land 2 Acres
(Zoned for Apts)
NE 181st & Couch
Portland, Oregon |
(A) |
Captial Dynamics
Multnomah County
Deed Recording #
2004-097873 |
$531,500 |
Value Village Motel
1-5 Hwy @ 708 N.E. 78th
Vancouver, Wshington |
(A) |
JK Trust
an Oregon Trust
Clark County
|
$2,700,000 |
Ridgefield Estates
110 Acres near 1-5 Hwy
279 St. @ 10 Ave.
Ridgefield, Washington |
(A) |
JK Trust
an Oregon Trust
Clark County
|
$4,050,000 |
1221 NE 73rd
House
Portland, Oregon |
(A) |
Synergy Venture
Deed Recording #
2004-192745
Multnomah County |
$80,000 |
Skyline Memorial
200 Internment lots
Portland, Oregon |
(A) |
Synergy Venture
Deed Recording #
2004-192746
Multnomah County |
$2,700,000 |
Synergy Venture Corp. and Starpoint Properties are Wyoming corporations. Capital Dynamics is a Utah corporation.
The Janette Kent Trust is an Oregon Trust and the Janette Kent Business Trust is a Utah Trust
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![file2]](http://www.storesbystate.com/janette/file/pioneer2.jpg){kind=link}
