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33170039
33169972

7065 Southeast 60th Avenue, Portland, OR 97206

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere
$4,313,900
9 days on market
Updated 9 days ago

SE 60th | 12 Home Detached Cottage Portfolio

Details
APN R230571
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 11,578
Net Rentable (SqFt) 11,578
Units 12
Tenancy Vacant
Pro-Forma Cap Rate 5.33%
Pro-Forma NOI $229,803
Price per SqFt $373
Class A
Year Built 2026
Buildings 12
Stories 1
Acreage 0.330
Zoning R5

12 new construction detached cottages in Brentwood Darlington with tenant ready appliance packages.

Marketing description

New construction 12 home detached cottage portfolio in Brentwood Darlington, offering rare scale, efficient unit design, and strong tenant appeal in a convenient Southeast Portland location. The offering includes twelve detached cottages, each with 2 bedrooms and 2.1 bathrooms, solid surface countertops, peninsula island with eat bar, practical storage, and tasteful coffered bedroom ceilings. Each unit comes with a provided refrigerator, washer and dryer, and window coverings, helping ease the move in process and supporting a cleaner leasing presentation from day one. Mini split heating and cooling provides efficient year round comfort, with a mini split on the main level and in each bedroom to help keep every key living space comfortable through every season. Two cottages are 899 square feet and ten cottages are 978 square feet, creating a consistent unit mix for underwriting, leasing, and long term operations. Built by a local boutique builder, the homes combine private entries, detached living, efficient two level layouts, patio spaces, and low maintenance outdoor areas, with the back two homes offering larger, premium yard space for added tenant appeal. Projected pro forma cap rate of 5.33% at stabilization, buyer to verify all income, expenses, and assumptions. Brentwood Park, Brentwood Community Garden, Mt. Scott Community Center, Woodstock New Seasons, Foster area dining, neighborhood coffee, parks, errands, and bike routes are all within easy reach. Nearby Woodstock favorites add even more convenience, helping the homes live larger than their footprints while offering residents connected Southeast Portland living. A rare opportunity to acquire a full new construction detached cottage cluster with uniform layouts, modern systems, and a location built for durable rental demand.

Investment highlights

  • Rare 12 Home Detached Cottage Portfolio

New construction offering featuring twelve detached cottages within a thoughtfully planned Southeast Portland cottage community.

  • Consistent, Easy to Underwrite Unit Mix

All homes offer 2 bedrooms and 2.1 bathrooms, with two 899 sqft front cottages and ten 978 sqft cottages for a consistent leasing and operations profile.

  • Projected 5.33% Cap Rate at Stabilization

Compelling projected pro forma return profile at stabilization. Buyer to verify all income, expenses, vacancy, lease up, and underwriting assumptions.

  • Premium Rear Yard Units

The two back homes offer larger premium yard spaces, creating added tenant appeal and potential rent premiums within the portfolio.

  • Tenant Ready Finish Package

Each unit includes solid surface countertops, peninsula island with eat bar, practical storage, tasteful coffered bedroom ceilings, refrigerator, washer and dryer, and window coverings offered with an acceptable offer.

  • Efficient Heating and Cooling

Mini split heating and cooling provides efficient year round comfort, with a mini split on the main level and in each bedroom.

  • Strong Southeast Portland Location

Close to Brentwood Park, Brentwood Community Garden, Mt. Scott Community Center, Woodstock New Seasons, Foster area dining, neighborhood coffee, parks, errands, and bike routes.

  • Modern Product With Durable Rental Demand

Detached layouts, private entries, efficient floor plans, low maintenance outdoor areas, and new construction systems create a strong long term rental profile in an established Portland neighborhood.

Listing Contacts

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere

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