1825 N Rosa Parks Way - Apartments FOR SALE


Portland, OR 97217- Arbor Lodge
$3,200,000 USD
503-972-7277
1825 N Rosa Parks Way, Portland, OR for Sale
$3,200,000 USD
Apartments - FOR SALE
1/18
null | 5.16% Cap Rate

1825 N Rosa Parks Way
Portland, OR 97217
Arbor Lodge


HIGHLIGHTS

  • Brand new building
  • Fast lease-up
  • State of the art construction
  • Close proximity to Portland and Vancouver
  • Walk score (77): very walkable
  • Bike score (100) biker's paradise

OVERVIEW

Brand-new 14-unit building in the Arbor Lodge Neighborhood. The property is fully leased. Of the 14 units, 13 are leased to full-time residential tenants, and one unit is currently used for short-term rentals.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$384 USD /SF

# OF UNITS

14

PRICE/UNIT

$228,571

CAP RATE

5.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RM3

APN/PARCEL ID

R305908

ASK ABOUT THIS PROPERTY

Clayton MadeyMacadam Forbes, Inc.More Info
503-972-7277

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Clayton MadeyMacadam Forbes, Inc.More Info
503-972-7277

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