Apartment Buildings /OR /Multnomah County /Portland /2615-2631 SE 111th Ave
Apartment Buildings /OR /Multnomah County /Portland /2615-2631 SE 111th Ave

2615-2631 SE 111th Ave - Apartments FOR SALE


Portland, OR 97266 | 
$3,500,000 USD
503-890-2021
2615-2631 SE 111th Ave, Portland, OR for Sale
$3,500,000 USD
Apartments - FOR SALE
1/5
null | 6.01% Cap Rate
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2615-2631 SE 111th Ave
Portland, OR 97266

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HIGHLIGHTS

  • Charming Mix of 1-Bedroom & 2-Bedroom, 1 Bath Units!
  • Units Include Off-Street Parking, Patio/Balcony, Carpet, Vinyl Flooring, & More;
  • Located in SE Portland, OR; Close Proximity to Numerous Amenities;
  • Walk Score of 65: Considered "Somewhat Walkable";
  • Bike Score of 81: Considered "Very Bikeable"!

OVERVIEW

Great Well Kept Property; Don't Miss Out; Avg In-Place Rents of $1470, Plus Utilities Included. Very Easy Building to Manage!

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$212 USD /SF

# OF UNITS

20

PRICE/UNIT

$175,000

CAP RATE

6.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Forest Retreat

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,200 SF

ZONING

R5A

APN/PARCEL ID

R244330,R244331

ASK ABOUT THIS PROPERTY

Tim GrayApartments Northwest LLCMore Info
503-890-2021

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Tim GrayApartments Northwest LLCMore Info
503-890-2021

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