Back

1 of 38

2 of 38

3 of 38

4 of 38

5 of 38

6 of 38

7 of 38

8 of 38

9 of 38

10 of 38

11 of 38

12 of 38

13 of 38

14 of 38

15 of 38

16 of 38

17 of 38

18 of 38

19 of 38

20 of 38

21 of 38

22 of 38

23 of 38

24 of 38

25 of 38

26 of 38

27 of 38

28 of 38

29 of 38

30 of 38

31 of 38

32 of 38

33 of 38

34 of 38

35 of 38

36 of 38

37 of 38

38 of 38

1375 N Wygant ST
Portland, OR 97217 Humboldt

$2,625,000 USD

Apartments For Sale • 9,675 SF

Property Details

Property Type Apartments
Total Building Size 9,675 SF
Lot Size 0.11 AC
Building Class A
Year Built 2020
Cap Rate 7.44 %
Zoning RM3

55 Transit Score

82 Walk Score

                
                    Highlights
                
                                Newer construction, low maintenance asset – Wygant Flats is not subject to rent control until 2035, allowing owners to stay in-line with the market.
                            
                                Trendy eastside location – Wygant Flats is located in the Overlook Neighborhood, one of Portland’s most desirable locations on Portland’s eastside.
                            
                                Condo upside – the property was built and platted as for-sale condos, creating the flexibility to sell off individual units in the future.
                            
                                Transit oriented location – N Interstate, featuring TriMet’s MAX light rail line, is 1block away; I-5 freeway access is 2 blocks away.
                            
                                Priced below replacement cost – Wygant Flats could not be built for the price the property is being offered for sale at.
                            
                                High-end condo finishes – Hardwood floors, gas appliances, AC, top of the line fixtures.

Property Flyers

Short-Sale Wygant_Flats_OM

Cap Rate:

7.44 %

Amenities

Air Conditioning
Balcony
Dishwasher
Disposal
Fireplace
Microwave
Washer/Dryer
Tile Floors
Hardwood Floors
Refrigerator
Oven
Sprinkler System
Breakfast Nook
Deck
Double Pane Windows
Instant Hot Water
Island Kitchen
Porch
Window Coverings
Floor to Ceiling Windows

Public Transportation

Commuter Rail	Drive	Walk	Distance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	6 min	-	2.8 mi
Vancouver (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	12 min	-	6.4 mi
Transit/Subway	Drive	Walk	Distance
N Prescott (MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	1 min	4 min	0.2 mi
N Killingsworth (MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	1 min	7 min	0.4 mi
Overlook Park (MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	3 min	13 min	0.7 mi
Rosa Parks (MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	2 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Portland International	18 min	-	8.7 mi

Jordan Carter 503-720-8147 Kidder Mathews

1375 N Wygant ST Portland, OR 97217 Humboldt