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7448 N Saint Louis Ave
Portland, OR 97203 St Johns

$1,995,000 USD

Apartments For Sale • 12,000 SF

Property Details

Property Type Apartments
Total Building Size 12,000 SF
Lot Size 0.09 AC
Building Class C
Year Built 2021
Cap Rate 5.65 %
Zoning CM2

50 Transit Score

70 Walk Score

                
                    Highlights
                
                                New construction: Built in 2020 (not subject to rent control) -Excellent mix of studio, one, and two-bedroom units
                            
                                Priced below replacement cost at $166K per-unit 
                            
                                Full kitchens with quartz counters, modern cabinets, and stainless appliances 
                            
                                Air conditioning;  Stacked washer/dryer units 
                            
                                Bike Score of 94; Walk Score of 91 
                            
                                Blocks from downtown St. Johns and its trendy restaurants and shops; Transit-oriented location: Located on bus lines and easy access to main highways

Property Flyers

North Louie OM

Cap Rate:

5.65 %

Major Tenants

Tenant	SF Occupied	Lease End Date
C&R Real Estate Services

Amenities

Air Conditioning
Cable Ready
Dishwasher
Microwave
Washer/Dryer
Heating
Kitchen
Oven
Sprinkler System
Stainless Steel Appliances
Range
Double Pane Windows
Quartz Countertops
Floor to Ceiling Windows

Public Transportation

Commuter Rail	Drive	Walk	Distance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	17 min	-	7.5 mi
Vancouver (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	18 min	-	7.7 mi
Airport	Drive	Walk	Distance
Portland International	25 min	-	11.5 mi

Jordan Carter 503-720-8147 Kidder Mathews

7448 N Saint Louis Ave Portland, OR 97203 St Johns