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4633 SW Huber St
Portland, OR 97219 West Portland Park

$2,250,000 USD

Apartments For Sale  •  9,050 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,050 SF
  • Lot Size 0.32 AC
  • Building Class C
  • Year Built 1969
  • Zoning CG
40 Transit Score
40 Walk Score

Highlights

SOUTHWEST PORTLAND ASSET - 12 Unit Apartment Community Built 1969 in Established Southwest Portland Residential Neighborhood
ASSUMABLE IN PLACE DEBT - Assumable Loan at 5.6 Percent Interest and Approximately 60 Percent Loan to Value
CAPITAL EXPENDITURE RISK - Majority of Units Remodeled Within Past 15 Years Reducing Near Term Capital Expenditure Risk
DESIRABLE UNIT MIX - Two Bedroom Heavy Unit Mix Supporting Strong Tenant Demand and Longer Average Lengths of Stay
ONGOING RENT UPSIDE - Updated Interiors Support Continued Rent Growth Through Selective Interior Enhancements

Amenities

  • Courtyard
  • Laundry Facilities
  • Granite Countertops
  • Stainless Steel Appliances

Public Transportation

Commuter RailDriveWalkDistance
Tigard Transit Center (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 9 min - 3.4 mi
Hall/Nimbus (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 10 min - 4.6 mi
AirportDriveWalkDistance
Portland International 29 min - 18.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Whitney Rhoades 503-351-0146 Marcus & Millichap
Whitney Rhoades 503-351-0146 Marcus & Millichap