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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26353752
26353762

1515 SW Jefferson St, Portland, OR 97201

BM
201208978, OR201208978
Commercial Integrity, NW
Listed by Commercial Integrity, NW
$2,500,000
294 days on market
Updated 28 days ago

Jefferson Plaza

Details
APN R326769
Property Type Multifamily
Sub Type Apartment Building
Square Footage 14,260
Net Rentable (SqFt) 10,620
Units 29
Cap Rate 6.57%
NOI $164,172
Occupancy 95%
Pro-Forma Cap Rate 7.91%
Pro-Forma NOI $197,653
Price per SqFt $175
Class C
Year Built 1910
Buildings 1
Stories 3
Lot Size (SqFt) 5,700
Zoning Central Commercial - CX
Investment Type Value Add

Historic Goose Hollow Vintage Apartment Asset - Value-Add Potential w/ Assumable Financing

Marketing description

Close-in SW Portland Location - located in the historic Goose Hollow neighborhood near Lincoln High School, Providence Park, and Multnomah Athletic Club

Potentially Assumable Financing - for qualified borrow, 4.55% interest fixed through October, 2029

Walk Score of 89 - Transit Score of 85, and Bike Score of 82, location is a true urban hub

Efficiency-Style Studio and One-Bedroom Units - present a rare affordable price point

Recent Capital Expenditures - Updated electrical/wiring, high efficiency gas hot water system

Listing Contacts

BM
201208978, OR201208978
Commercial Integrity, NW
Listed by Commercial Integrity, NW

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$164,172.00
$13,681.00/mo

Valuation Metrics

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DSCR
6.57%
Cap Rate
6.57%
ROI

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