3709-3717 SE 91st Ave - Apartments FOR SALE


Portland, OR 97266- Lents
$995,000 USD
503-230-8600
3709-3717 SE 91st Ave, Portland, OR for Sale
$995,000 USD
Apartments - FOR SALE
1/20
null | 4.06% Cap Rate

3709-3717 SE 91st Ave
Portland, OR 97266
Lents


OVERVIEW

Great investment opportunity. 7 Unit complex with, 2- 1 Bed/1Bath apartments and 4- 2Bed/1Bath apartments plus a 2 Bed/1 Bath home. There is also a studio, recently used for storage, that is being prepped to rent. On site laundry room services the 6 units and the home has a washer/dryer. New tear off roof and gutters on the house in 2018 and extensive remodeling and new flooring in 2022. 4 of 7 units received updates over the last 3 years. Currently, all units are occupied. Scheduled rents are $8,230 per month.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

8

PRICE/UNIT

$124,375

CAP RATE

4.06%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lents Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R1, Portland

APN/PARCEL ID

R333575

ASK ABOUT THIS PROPERTY

Israel HillJohn L. Scott Real EstateMore Info
503-230-8600

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Israel HillJohn L. Scott Real EstateMore Info
503-230-8600

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