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2275 NE Division St
Gresham, OR 97030 Gresham-Northeast

$2,695,000 USD

Apartments For Sale • 18,096 SF

Property Details

Property Type Apartments
Total Building Size 18,096 SF
Lot Size 0.93 AC
Building Class C
Year Built 1970
Cap Rate 6.30 %
Zoning MDR-24, Gresham

50 Transit Score

60 Walk Score

                
                    Highlights
                
                                Assumable Loan at 4.75% with +/- $1.7M balance
                            
                                Recent upgrades includes 6 renovated units, new plumbing in 5 units
                            
                                Great unit mix with large 2 and 3 bed units
                            
                                Covered parking; 3 units have washer/dryer hookup; others share onsite laundry facility
                            
                                Courtyard behind building backs up to golf course
                            
                                Roofs were done in 2019

Property Flyers

Eagle Rock_OM

Cap Rate:

6.30 %

Amenities

Dishwasher
Microwave
Heating
Range
Tub/Shower
Yard
Deck
Double Pane Windows
Lawn
Patio

Public Transportation

Transit/Subway	Drive	Walk	Distance
Cleveland Avenue (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	2 min	12 min	0.7 mi
Gresham Central Transit Center (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	2 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Portland International	24 min	-	14.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	14
Type:	Surface
Included in Rent:	Yes

Jordan Carter 503-720-8147 Kidder Mathews

2275 NE Division St Gresham, OR 97030 Gresham-Northeast