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31581701

4600 SW Dickinson St, Portland, OR 97219

Dickinson Crossing
Listed by Dickinson Crossing
$7,100,000
61 days on market
Updated 61 days ago

Dickinson Crossing ® 43 Apartments, 42,000 s.f. Land, LOT #1

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 31,000
Units 43
Cap Rate 4.45%
NOI $315,909
Occupancy 95%
Price per SqFt $229
Class A
Year Built 1971
Year Renovated 2025 (continually, $10 mil./ 35 yrs)
Buildings 4
Stories 2
Lot Size (SqFt) 42,000
Zoning Rm1
Investment Type Owner/User
Ownership Sole Proprietor
Sale Condition For sale by owner

Multifamily | 43 Units | $165,116/unit

Marketing description

Owners will Carry Contract with $2.5 mil down-payment.

After 60 years of Housing Ownership/ Management, 85-year-old Investor is Semi-Retiring. $7.1 million, 42,000 sf of Land, 43 Apts. More than $10 mil in renewal since 1991. Effective age: Only 20-years. Serious Offers Considered.

Holly Farm at Capitol Hwy — Carl Perry, Owner/ General Mgr.

4600 SW Dickinson St., Portland OR 97219, Since 1991 in SW Portland.

“Offering Fine Rental Housing — For the Quiet Professional” TM [email protected] Text: 503-245-3700

Investment highlights

Lot #1 $7.1 mil: Includes the 42,000 sf Lot, & 40+ Apts, $10 mil. Renewal Since Purchase in 1991, Effective age: Only 20 years. Excellent shopping … Only Minutes to Costco, many stores near Hwy99w, Washington SQ., Bridgeport Village. 10 Minutes to City Center ♦ Serious offers welcome ♦

Listing Contacts

Dickinson Crossing
Listed by Dickinson Crossing

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$315,909.00
$26,325.75/mo

Valuation Metrics

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DSCR
4.45%
Cap Rate
4.45%
ROI

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