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3-Building Portfolio: 101 Units
Portland, OR Arts District

$9,880,000 USD

Multifamily For Sale  •  62,960 SF

3 Properties View all

Property Details

  • Property Type Multifamily
93 Transit Score
99 Walk Score

Highlights

Potentially Assumable Financing for Qualified Borrower - 4.55% interest fixed through October, 2029 (loan details noted in OM)
6.7% Cap Rate w/ Value-Add Potential - subject properties owner-managed
Long-Term Ownership - recent term Capital Expenditures including elevator, security gate, high efficiency gas water heater, updated electrical
Portfolio/Bulk Sale - 101 units in a 0.5-mile radius allows for management/payroll efficiencies
A+ Walkability "Walker's Paradise" - plethora of public transit options within walking distance to each property
Surrounded by Portland's Iconic Amenities - Powell's Books, Providence Park, Multnomah Athletic Club (MAC), & NW 23rd avenue shopping/dining

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
6 min - 1.3 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 13 min - 7.5 mi
AirportDriveWalkDistance
Portland International 24 min - 14.2 mi
Benjamin Murphy 503-218-4387 Commercial Integrity NW
Benjamin Murphy 503-218-4387 Commercial Integrity NW