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7630781
7630782

7206 N Saint Louis Ave, Portland, OR 97203

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere
$1,899,000
1415 days on market
Updated 86 days ago

Multifamily - 7 unit I 7206 N SAINT LOUIS AVE

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 4,416
Net Rentable (SqFt) 4,416
Units 7
Cap Rate 5.27%
NOI $100,034
Occupancy 100%
Price per SqFt $430
Broker Co-Op Yes
Year Built 2022
Buildings 2
Lot Size (SqFt) 5,000 - 6,999
Zoning RM2
Investment Type Stabilized

Multifamily | 7 Units | $271,286/unit

Marketing description

Diversify your investment portfolio in one pkg w/this rare opportunity to own 7 units with; 6 new construction condos + a detached house! New construction units feat high-end quality finishes throughout the light&bright open concept flrpln from the beautiful kitch w/custom cabs,slab counters,SS apps to the neutral tones, tasteful tile &great variety of well performing 0-3 bed units!Detached 2bed home w/basement provides tons of storage&comfortable living! 94 BikeScore/91 WalkScore in hot N PDX!


Investment highlights

  • (6) New Construction Units : 0-3 bedroom w/ high-end finishes; 418-794 sf

  • (1) Detached House - 2 bed / 1 bath; 868 sf


  • In-Unit Washer/Dryer Hook-Ups

  • Builder warranty

  • 15-year rent control exemption

  • Great cap rate

  • Low maintenance!

  • Desirable Location : 94 BikeScore / 91 WalkScore

Listing Contacts

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

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$100,034.00
$8,336.17/mo

Valuation Metrics

0
DSCR
5.27%
Cap Rate
5.27%
ROI

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