

Listed by Commercial Integrity, NW
$2,500,000
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
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Listed by Commercial Integrity, NW
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$164,172.00
$13,681.00/mo
Valuation Metrics
0
DSCR
6.57%
Cap Rate
6.57%
ROI
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