Property History
Property Type
Property Type
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Asking Details
Asking Cap Rate
Marketing Description
22 residential condominium units built in 2006 located in the desirable downtown Gresham area just minutes east of Portland, Oregon.
Large units with fireplaces, hardwood floors, laundry, private balconies, storage and on-site parking make Central Point Condominiums a great place to live! Long term tenants enjoy a walk score of 94 with a wide variety of local services all within a block or two.
A buyer will own all residential units in the building and will control a well funded HOA. Substantial cash reserves will transfer with sale.
Property is in excellent condition and offers low maintenance finishes.
**SELLER CARRY BACK OF $2,000,000 @ 3.5% interest only for 12 months. Years 2-5 at 4.5% interest only.
Investment Highlights
- Opportunity to own condo quality units in a fantastic location
- Well funded HOA
- Walk Score of 94
- Minutes from Portland, Oregon
- Gresham is Oregon's 4th largest city
- Opportunity to possibly sell units individually at higher per unit prices.
- Seller financing of $2,000,000 available with great terms
Loan History
Financial History
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Net Operating Income
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Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Sold on
BY: Bud Hosner
•••.•••.0683
•••••sner@•••••.com
Map
Comparable Properties
Rental Market Overview
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