3601 S River Pky - Apartments CONDO FOR SALE


Portland, OR 97239
$2,814,350 USD
503-222-2655
3601 S River Pky, Portland, OR for Sale
$2,814,350 USD
Apartments CONDO - FOR SALE
1/6
null | 6.71% Cap Rate

3601 S River Pky
Portland, OR 97239


HIGHLIGHTS

  • Retail Condo Located Within The John Ross Mixed-Use Condominium Building - LEED Certified - Built 2007
  • High Traffic Area with Over 2,250 Apartment/Condo Units in the South Waterfront District
  • Fantastic Owner-User or Investment Opportunity with 2 Vacant Spaces and 1 Fully Leased
  • Priced to Sell Together or Individually
  • Nearby I-5, Highway 43, Highway 26 as well as Portland Street Car Line, MAX Light Rail Orange Line

OVERVIEW

Retail Condo in Portland's Highly Sought After South Waterfront! Owner-User / Investment Opportunity -------------------- Space A-3 (Fully Leased) Total Space: 8,041 SF Sales Price: $2,814,350 ($350/sf) Actual NOI: $188,841 Actual CAP: 6.70%

FOR SALE DETAILS

PRICE

$2,814,350 USD

PRICE/SF

$350 USD /SF

CAP RATE

6.71%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The John Ross Retail Condo

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

500,000 SF

STORIES

31

BUILDING CLASS

A

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

Commercial

APN/PARCEL ID

R594423

ASK ABOUT THIS PROPERTY

Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

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Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

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