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Albina Ave 6-Plex

FOR SALE | Brand New 6 Unit Multifamily Opportunity on Albina Ave in N Portland

Listing Contacts

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Active

Asking Price: $2,595,000
Address 

4785 N Albina Ave, Portland, OR 97217

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Date Added
Jul 30, 2024
Days on Market
231 days
Time Since Last Update
55 days

Details

Property TypeMultifamily
SubtypeApartment Building, 6-plex, Condos
ClassA
Square Footage5,520
Net Rentable (sq ft)5,520
Price/Sq Ft$470.11
Units6
Year Built2024
Buildings1
Stories3
ZoningRM2 - Residential Multi-Dwelling 2
Lot Size (sq ft)5,000
Price/Unit$432,500

Marketing Description

New Construction • Condo Grade Finishes
--------------------
Sale Price: $2,595,000 ($432,500 / Unit)
CAP Rate: 5.52%
Units: 6 Units with 2 Beds, 2 Baths
Building Gross Area: 5,520 SF
Gross Land Area: 5,000 SF
Zoning: RM2 - Residential Multi-Dwelling 2

Investment Highlights

  • Brand New Construction Multi-Family Opportunity

  • All Units Currently in Lease Up

  • Low Maintenance Asset in Desirable Neighborhood

  • Units Feature High Ceilings, Quartz Countertops, Exterior Patio/Deck, and Abundant Natural Light

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts

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