232 NE 61st Ave - Apartments FOR SALE


Portland, OR 97213- North Tabor
$3,999,900 USD
503-709-4632
232 NE 61st Ave, Portland, OR for Sale
$3,999,900 USD
Apartments - FOR SALE
1/27
null | 5.45% Cap Rate

232 NE 61st Ave
Portland, OR 97213
North Tabor


HIGHLIGHTS

  • FULLY LEASED + STABLIZIED
  • NEW CONSTRUCTION
  • QUALITY FINISH
  • POPULAR TABOR LOCATION!

OVERVIEW

Bolster your investment portfolio with this phenomenal opportunity to own an exquisite, FULLY LEASED + STABILIZED, new construction 15-unit apartment complex from a quality local builder. Nestled in NEs hotspot of North Tabor this location will have everything you need at your doorstep! High-end, modern finishes grace each space of these expertly crafted units which feature tall ceilings + an open concept floor plan bringing an abundance of natural light with designer tones! With a mix of 1 be + 2 bed units further diversifying your investment portfolio. Custom cabinetry, desirable stainless-steel appliances + stackable W/D finish out the interior! Indoor bike storage + enclosed trash area round out a few other notable items plus 1-year builder warranty with peace of mind + 15-year new construction rent-control exemption!

FOR SALE DETAILS

PRICE

$3,999,900 USD

PRICE/SF

$327 USD /SF

# OF UNITS

15

PRICE/UNIT

$266,660

CAP RATE

5.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,317 SF

ZONING

R2

APN/PARCEL ID

R230713

ASK ABOUT THIS PROPERTY

Darryl Bodle IIKeller Williams CommercialMore Info
503-709-4632

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Darryl Bodle IIKeller Williams CommercialMore Info
503-709-4632

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