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222 SW Pine St
Portland, OR 97204 Waterfront

$9,500,000 USD

Apartments For Sale  •  74,740 SF

Property Details

  • Property Type Apartments
  • Total Building Size 74,740 SF
  • Lot Size 0.45 AC
  • Building Class C
  • Year Built 1997
  • Zoning CX
100 Transit Score
100 Walk Score

Highlights

Mix of studios and 1 bedrooms at 50-60% AMI
Restriction through 2067, possible renegotiation with agencies
1997 vintage & Two blocks from MAX light rail
Portland CX - Central Commercial
Soft debt of ~ $1.66 million, due to PHB, payable through 50% of excess cash flow at year end.
OZ and QCT (In Westside TIF district - resources available for market rate, commercial, and Affordable and middle income housing)

Property Flyers

Amenities

  • 24 Hour Access
  • Balcony
  • Controlled Access
  • Laundry Facilities
  • Waterfront
  • Car Wash Area
  • Smoke Free
  • Walking/Biking Trails
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Elevator
  • Freezer
  • Patio
  • Public Transportation
  • Key Fob Entry

Public Transportation

Commuter RailDriveWalkDistance
3 min 13 min 0.7 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 17 min - 8.4 mi
Transit/SubwayDriveWalkDistance
Oak/SW 1st Avenue (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 3 min 0.1 mi
SW 5th & Oak (MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), Portland Vintage Trolley - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 3 min 0.2 mi
Skidmore Fountain (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 5 min 0.2 mi
Morrison/SW 3rd (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 5 min 0.2 mi
NW 6th & Davis (MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), Portland Vintage Trolley - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 6 min 0.3 mi
AirportDriveWalkDistance
Portland International 21 min - 12.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 200
Type: Covered
Included in Rent: Yes
Bjorn Beer 541-745-4050 SVN | Imbrie Realty
Bjorn Beer 541-745-4050 SVN | Imbrie Realty