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Beaumont Village Apartments

FOR SALE | 50 Unit Apartment Complex with Retail in NE Portland

Listing Contacts

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Active

Asking Price: $12,500,000
Address 

4429 NE Fremont St, Portland, OR 97213

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Date Added
Feb 3, 2025
Days on Market
43 days
Time Since Last Update
43 days

Details

Property TypeMultifamily, Retail
SubtypeApartment Building, Storefront
Investment TypeOwner/User
Cap Rate5.63%
NOI$703,894
Units50
Year Built2013
Buildings1
Stories4
ZoningCM2
Lot Size (sq ft)13,068
APNR317767

Marketing Description

2 Ground Floor Retail Units • Assumable Financing Available

--------------------

Sale Price: $12,500,000

Assumable Financing: 4.83%

CAP Rate: 5.63%

NOI: $703,894

Units: 50 Units with Studio, 1bed, and 2-bed Unit Mix

Retail Space: 2 Fully Leased Units

Building Gross Area: 41,294 SF

Investment Highlights

  • Multifamily Investment Opportunity with Assumable Financing (Interest Only Loan)

  • Modern Units with Controlled Access

  • Units Include In Unit Washer & Dryer, Stainless Steel Appliances, and Balconies in Select Units

  • Retail Tenants Include Momiji and Zoomcare

  • Nearby Many Restaurants and Retailers

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$703,894.00
$58,657.83/mo

Valuation Metrics

0
DSCR
5.63%
Cap Rate
5.63%
ROI

Due Diligence

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

Contact

Listing Contacts

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