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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Nov. 29, 1908)
THE SUNDAY OREGOXIAX, PORTLAND, NOVEMBER 29, lfros. LEY NEY reiN th DOUB wr - tut? TT?TrTr of LOTS AT UNIVERSITY PARK WILL BE ADVANCED TWO DOLLARS PER FRONT FOOT ON THE DAY THAT THE ANNOTJNCE tt qmat f RE MADE OF THE LETTING OF THE CONTRACT FOR THE CONSTRUCTION OF THE TUNNEL UNDER THE PENINSULA. IT HAS rTTmTN THE DAILY PAPERS TWICE WITHIN THE PAST. WEEK THAT THE CONTRACT WOULD BE LET WITHIN THE NEXT THIRTY DAYS Two dollars per front foot means $50.00 advance on a lot having a frontage of twenty-five feet or $100.00 on a lot having a frontage of fifty feet That Z nofall Another advance of two dollars per front foot will be made when work begins, and another advance of two dollars per front foot will be made when the first LhfshLs through thTtuel, and still another two dollars advance will be made when the first train passes through the tunnel These advances will all have taken place light shines J rk t oavment on your purchase. You have had ample notice of what is about to occur. Will you heed it? Or will you go on to the end bewail- SAA Pa on yur lot means an advance of one hundred dollars as soon as the contract is let for the tunnel Millions of dollish 11 be mad If y ? dU mkg an SSvSypJi ask any business man about it-ask anybody. Don't stop at getting one man's opinion but ask ten or a hundred sensible Portland citizens S2S who are mte7ested building up other parts of the city must admit that there is a big barrel on tap on the Peninsula Milhons will be made and hundreds of persomKl StaAtlv by investing in University Park. Thousands will become independent by making small investments there. , . Look how the railroads center at University Park. The Northern Pacific, Great jl o 1 I fAO fl t T1 TT Northern, Spokane, Portland & Seattle, the Union Pacific, the Southern Pacific, JLVcLIU JCLJL VClltw Oregon Railroad & Navigation Company, the Oregon & Washington, besides the Canadian Pacific and Milwaukee & Burlington, which come there over other lines, all. center at University Park. Half that number of transcontinental railroads made such cities as St. Paul, Minneapolis, Indianapolis, Des Moines, Omaha, Kansas City and others Look at the sawmills that give employment to thousands; look at the woolen mills, flour mills, shipyards, steel works, stock-yards packing-houses, furniture factories, veneer factory, basket factory; cooperage factory, shingle mills, iron foundries, asbestos works sash and door factories, navigable rivers, grain docks and the great Columbia University. Do you doubt that all these things will quickly bring millions to the Peninsula, of which University Park is the center? Law of Supply and Demand The law of supply and demand works the double cross at University Park. The almost unlimited supply of factory and mill sites on the low land will for many years make such sites cheap, which will have the effect of continu ally attracting factories around the Peninsula, and making demand on the high land for business and residence locations. The high land suitable for residences and business purposes is lim ited by the rivers, there being only 100 feet square above high water for each person now residing there. It is quite clear to any person that this condition must make extremely high values on the high lands, of which University Park is the center. The O. R. & N. R. R., as shown on the map, is at the base of the high land. Study the picture. You cannot get any of the benefit of this condition unless you get a piece of this high land. Only one lot at Uni versity Park will in a few years from now be worth a small fortune. STUDY THE PICTURE IT TELLS THE TRUTH We Are Not .Fakers r Our plat shows that we are not fakers. We laid out University Park con fidently expecting that some day it would be the center of a great city. We have made many of our streets 100 feet wide and have placed an alley back of every lot. These conveniences will attract business in a business district. Fakers always make their lots 25x100 feet, without alleys, and with long blocks and narrow streets. Nearly all Wo tt mr.r in loncrti UlU 1UU O.L, 1" wiifc - Although in the very center of the Peninsula, we are offering lots at University Park at lower prices than can be obtained at any other place on . the Peninsula. Speculate on Our Money None too poor to buy on our terms. We require only pnmiph down to show good faith and a little monthly .r,, intorecto Tn npr cent rash down at time'of sale and five dollars per lot per month, without interest, is speculating on our money, because you get the advantage of the rise in value for years before you have made your final payment. Buy a lot, even though you cannot carry more than 25 by 100 feet. Only 25 by 100 feet at University Park will be a fortune in a few years from now. The Sf?JJ installment plan on the Peninsula will soon be a thing of the past, because all lots will soon have passed into the hands of those who will sell only for a large portion of the price in cash down at time of sale. Your opportunity is now, while lots are yet cheap and terms easy. Prices now $12 per front foot for residence lot; up to $20 per front foot for business lots FRANC 7? McKENNA 617-618 COMMERCIAL BLOCK, SECOND AND WASHINGTON STREETS
