16804-16918 SE Division St - Apartments FOR SALE


Portland, OR 97236- Centennial
$2,200,000 USD
503-241-5541
16804-16918 SE Division St, Portland, OR for Sale
$2,200,000 USD
Apartments - FOR SALE
1/8
null | 6.56% Cap Rate

16804-16918 SE Division St
Portland, OR 97236
Centennial


OVERVIEW

Introducing 16804 SE Division Street, a mixed-use property featuring 14 multifamily units and one fully occupied retail unit. The property comprises two buildings with spacious studios and twobedroom townhomes. The retail unit is home to the Division Street Mini Mart, a convenience store that is right at residents’ fingertips. The property offers desirable amenities including fully equipped kitchens with built-in microwaves, hardwood-style flooring, in-unit washers and dryers, decks or patios, and off-street parking. 16804 SE Division Street is conveniently located in Portland’s Centennial neighborhood with easy access to major thoroughfares Division, Powell, and Stark Streets and a Portland TriMet bus stop right outside their door. The property is minutes away from multiple shopping centers, with lifestyle essentials like Fred Meyer grocery just five minutes away, and straddles the border between Portland and Gresham, close to desirable urban amenities in both cities.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

14

PRICE/UNIT

$157,143

CAP RATE

6.56%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Division Street Mixed-Use

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

CM

APN/PARCEL ID

R338278

ASK ABOUT THIS PROPERTY

Todd TullyHFO Investment Real EstateMore Info
503-241-5541

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Todd TullyHFO Investment Real EstateMore Info
503-241-5541

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