Overlook Park Flats
FOR SALE | 62 Unit Apartment Complex Adjacent to Overlook Park in North Portland
Listing Contacts
See All (3)
License: WA 25460, OR 200403266
License: WA, OR 201212905
Active
Asking Price: $15,550,000
Address
3705 N Overlook Blvd, Portland, OR 97227
Show on MapDate Added
Dec 16, 2023
Days on Market
455 days
Time Since Last Update
65 days
Details
Property TypeMultifamily
SubtypeApartment Building
ClassA
Square Footage48,474
Cap Rate5.13%
Units62
Year Built2015
Buildings1
Stories6
Lot Size (sq ft)14,449
Parking (spaces)17
APNR697139
Price/Unit$250,806
Marketing Description
2015 Construction • 1 & 2 Bed Unit Mix • Private Parking Garage
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Sale Price: $15,550,000 ($250,806 / Unit)
CAP Rate: 5.13%
Assumable Financing: 4.91%
Units: 62 Units with 1 & 2 Bedroom Mix
Parking Space: 17 spots | 127 Bike parking
Building Gross Area: 48,474 SF
Gross Land Area: 14,449 SF
Investment Highlights
- Assumable Financing Available
- Each Unit Includes a Washer & Dryer, 9 Foot Ceilings, Quartz Countertops, and Stainless Steel Appliances
- Floor to Ceiling Windows, Open and Spacious Floorplans, Balconies and Walk-In Closets in Select Units
- Building Includes a Spacious Resident Lounge and Fitness Room
- Walking Distance to the Tri Met Max Yellow Line
- Located Near Major Employers Such As Adidas, Daimler, Kaiser Permanente, and the central business district.
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Listing Contacts
See All (3)- License: WA 25460, OR 200403266
- License: WA, OR 201212905
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