Apartments For Sale • 12,224 SF
| Stabilized 8-unit multifamily asset, 100% occupied with professional third-party management in place |
| Modern 2006 construction featuring eight large 1,528 SF townhouse-style 3BR/2.5BA units across 4 buildings |
| Premium amenity package includes attached garages, in-unit laundry, composite decks, and 20 off-street parking spaces |
| Efficient roommate-friendly layouts with private lower-level suite, full bath, and separate exterior access |
| In-place cash flow with clear rental upside through mark-to-market rent growth in strong SE Portland submarket |
| Cap Rate: | 6.55 % |
| Total Expenses: | $68,088 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 18 min | - | 8.0 mi | |
| Transit/Subway | Drive | Walk | Distance |
| SE Division Street (MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 7 min | 14 min | 0.7 mi |
| SE Powell Blvd (MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 2 min | 15 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| Portland International | 17 min | - | 8.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 12 |
| Type: | Surface |
| Included in Rent: | Yes |