15827 NE Glisan St - Apartments FOR SALE


Portland, OR 97230
$2,050,000 USD
503-241-5541
15827 NE Glisan St, Portland, OR for Sale
$2,050,000 USD
Apartments - FOR SALE
1/10
null | 5.17% Cap Rate

15827 NE Glisan St
Portland, OR 97230


OVERVIEW

Introducing Cascade Apartments, a 12-unit apartment community in Portland, OR. The property offers one- and two-bedroom units featuring beautifully renovated interiors with modern cabinetry, hardwood flooring, new light fixtures, stainless steel appliances, farmhouse-style sinks, and granite countertops througout. Apartment amenities at Cascade include fully equipped kitchens, ceiling fans, updated bathrooms, balconies, patios with yard space, and off-street parking. Cascade Apartments is well-located at the border of Portland and Gresham, providing residents with the perfect blend of suburban comfort and urban convenience. The property is just minutes from a major manufacturing and distribution hub, home to leading employers like Boeing, Albertsons Distribution, Amazon, and Subaru, and more. Residents also have incredible access to major retailers, schools, and parks. The property is less than a mile from I-84, a major highway connecting residents to I-205 and other major roadways, ensuring easy connectivity to the greater Portland metro area.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$206 USD /SF

# OF UNITS

12

PRICE/UNIT

$170,833

CAP RATE

5.17%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cascade Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

R3, Portland

APN/PARCEL ID

R169898

ASK ABOUT THIS PROPERTY

Gregory FrickHFO Investment Real Estate, LLCMore Info
503-241-5541

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Gregory FrickHFO Investment Real Estate, LLCMore Info
503-241-5541

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