Apartments For Sale • 9,675 SF
| 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. |
| Cap Rate: | 7.44 % |
| 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 |