30 Unit Apartment Complex with Retail in North Portland
2024 Construction • Studio and 1 Bed Unit Mix • Modern Design
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Sale Price: $7,538,177 ($243,167 / Unit)
Proforma CAP Rate: 5.00%
Units: 30 Units with Studio & 1 Bedroom Mix
Rentable Building Area: 12,092 SF
Gross Building Area: 16,546 SF
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Property Features:
• Brand New 2024 Construction, Currently in Lease Up
• Each Unit Includes a Washer & Dryer, Gas Range, Quartz Countertops, and Stainless Steel Appliances
• Floor to Ceiling Windows, Modern Design with Open Floorplans
• Building Includes a Spacious Central Resident Courtyard, Free Bike Parking, and Secure Entry
• Walking Distance to Multiple TriMet Lines as well as Local Restaurants and Retailers
• Located Near Major Employers Such As Adidas, Daimler, and Kaiser Permanente