1311 SW Gibbs St - Apartments FOR SALE


Portland, OR 97239
$12,500,000 USD
503-222-2655
1311 SW Gibbs St, Portland, OR for Sale
$12,500,000 USD
Apartments - FOR SALE
1/32
null | 5.41% Cap Rate

1311 SW Gibbs St
Portland, OR 97239


HIGHLIGHTS

  • Beautiful Views in Select Units (Split Amenities and Efficient Floor Plans)
  • Units Feature Thoughtful and Light-Filled, Efficient Floorplans
  • Building Amenities Include Secured Entry, Exterior Sundeck, and 28 Onsite Covered Parking Spaces
  • Within Walking Distance to Oregon Health Science University

OVERVIEW

43 Unit Trophy Multifamily Opportunity on Marquam Hill 2024 Construction • Studio, 1 & 2 Bed Unit Mix • 4 Blocks to OHSU -------------------- Sale Price: $12,500,000 ($290,698 / Unit) CAP Rate: 5.41% Units: 43 Units with Studio, 1 & 2 Bedroom Mix Building Gross Area: 42,151 SF Gross Land Area: 23,500 SF Parking: 28 Spaces Onsite

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$447 USD /SF

# OF UNITS

43

PRICE/UNIT

$290,698

CAP RATE

5.41%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Woods On Marquam Hill

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2024

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

-

APN/PARCEL ID

R712893

ASK ABOUT THIS PROPERTY

Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

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Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.