The Sunday Oregonian. (Portland, Ore.) 1881-current, January 27, 1907, Section Two, Page 15, Image 15

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    THE SUNDAY OREGOXIAX, PORTLAND, JANUARY 2T, 100?.
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Where seven railroads meet the ocean-going vessels of the World there must be a great business center.
There is no exception to this rule. The "Willamette River bounds University Park on the south and west, the
Columbia River on the north, with four transcontinental and three interstate railroads centering- in its midst
Read the Advertisements
Head the advertisements of other dealers. They all say the best that can be
t truthfully said about the property they have for sale. You will observe that about
all they have to say is a "charming view and a quiet place to sleep." There are
about a million quiet places around Portland to sleep and nearly all of them have
delightful scenery, but there" is only one Peninsula, and University Park is its cen
ter. True, the music of the band-saws, the song of the planers, the bump of the .
switch-engine, the gong of the steamers, the hum of the spindles and the Rah, Rah,
Rah! of the college boys disturb our slumber, but the jingle of the golden twenties
sweeten our dreams.
Railroads Make Cities
Railroads made St. Paul, Minn., 250,000 population, then centered at a point
12 miles away and made Minneapolis 200,000 population. Railroads formed a center
almost in the front doors of Chicago, St. Louis and Cincinnati, and like magic sprang
up Indianapoli3, 150;000 population. At the junction of three railroads in an
open, bleak prairie, De3 Moines grew to 150,000 population. The location of every
inland populous city was determined by the advent of railroads. If railroads have
done such wonderful things without water transportation, what will railroads do
for University Park, with the assistance of two great navigable rivers? To me, it
is incomprehensible why so many, apparently, sensible persons allow this oppor
tunity to pass. .
The Union Pacific, Southern Pacific, Northern Pacific arid. Great Northern four great transcontinental railroads cross, re-
cross and surround University Park. The Portland &z Seattle. Oregon Railroad & Navigation Company and the Oregon &
wasmnon romroaa also nave lmes projegtea tHrougn university pars thc railroads arc main lines ana not Drancti lines.
Other Advantages
University Park is no outside, wildcat spec
ulation. It has been within the city boundaries
of Portland for fourteen years. It has Bull Run
water, a 30-acre public park owned and kept by
the city,, city schools, quick transportation, elec-
trie arc street lights, graded streets, cement
walks, a building restriction, three systems of
wide boulevards, view of Cascade and Coast
Ranges of mountains, view of four perpetually
snow-covered mountains, high, level and sightly,
and the seat of Columbia University. Capital
isls lend money freely on University Park lot
for building purposes.
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Study the Picture
Look at the location of the navigable rivers ;
look at the location of the railroad and proposed
railroads; look at the streetcar lines; look at the
factory districts, north, south and west; look
at the boulevards and wide streets; see where
the drydocks, stockyards, packing-houses, lum-
ber mills and th8 Columbia University are lo-
cated. Notice the location of the proposed Har-
riman tunnel, See where McKenna Junction
and TkTaegly Junction are located. You know
that it will he only a question of a short time till
this condition will make the cheapest lot in XJni-
versity Park worth $100 per front foot $500
per front foot in lO years need, not surprise you.
SHOWING UNIVERSITY PARK AND VICiNHY
Sai
e an
dS
ane
If you will build a five or six-room cottage on any lot in University Park it
will rent for enough to net you 7 per cent above taxes and insurance, Que IWUGreCl
more such cottages could be rented within SO days. This is a rare opportunity to
make a safe and sane interest-paying investment in projpeitv WhiCZl js ljKlY t9
double and treble in value within a few years. When your money is invested in
such property the bank cashier can't gamble it away in the Stock marKeti Ajjy
property that will pay such interest through rentals is a safe and sane investment.
REMEMBER!
Don't forget that lots at St. Johns advanced from $100 each to $10,000 each
since 1901, and that advance was made on the strength of only one freight spur or
branch railroad. St. Johns today has no mam line, and yet there are lots in St.
Johns that cannot be bought for less than $10,000 that sold in 1901 for less than
109. Remember alsoj tliat jn 1909 and 1991 1 f oreWlcij through the columns of this
paper, what would take , place in St. Johns, and those who followed my advice made
big fortunes. Those who will follow my advice now and buy a few lots at Univer-
sity Park in vicinity of McKenna Junction, witUin tne next 60 flays, will maKe Dig
profits within the next three years.
PRICES AND TERMS
Prices rangre from $200 per lot, 25x100 feet, to $250. Terms: Ten per cent cash down, balance $5 per lot monthly. No interest
on deferred payments if paid on or before due. These prices will be advanced from month to month without further notice.
F
R
ANC
I
M
cKENWA
OFFICE AT UNIVERSITY PARK STATION ON ST. JOHNS
ELECTRIC LINE, PORTLAND, OREGON
PHONE WOODLAWN 239 NO UP-TOWN OFFICE