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.