Listed by Capacity Commercial Group
$2,963,000
Value-Add Multi-Family Opportunity
Details
APN R181963
Property Type Multifamily
Sub Type Apartment Building
Square Footage 14,912
Units 16
Cap Rate 6.00%
Class B
Acreage 0.460
Zoning R2.5
Investment Type Value Add
FOR SALE | 16 Unit Multi-Family Opportunity in the Sullivan Gulch Neighborhood of NE Portland
Marketing description
Unit Matrix: 12 - 2 bed, 1 bath | 4 - 1 bed, 1 bath
Gross Building: 14,912 SF
Gross Land: 19,996 SF (0.46 AC)
Sale Price: $2,963,000
CAP Rate: 6.00%
Price Per Unit: $185,188
Price per SF: $225
Investment highlights
- Multiple Upgrades completed by Ownership
- Off-Street Parking
- Shared Laundry Room
- Tenant Storage Units
- Spacious Units
- Quiet, Neighborhood Feel
Listing Contacts
Listed by Capacity Commercial Group
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