Springwater Corridor Apartments

  • Type:Condominium Conversion
  • Size:16 units
  • Completion Date:2011
  • Location:Gresham, OR

Marathon acquired this 16 unit failed condominium development from the construction lender and converted it into multi-family. It consists of three, three-story buildings with condominium quality construction and finishes.  A tax appeal resulted in lowering the taxes for this development by half.  Acquisition and conversion of this development was completed in Spring 2011.