4450 NE 38th Ave - Specialty FOR SALE


Portland, OR 97211
$1,440,000 USD
503-230-8600
4450 NE 38th Ave, Portland, OR for Sale
$1,440,000 USD
Specialty - FOR SALE
1/3
null | 8.36% Cap Rate

4450 NE 38th Ave
Portland, OR 97211


OVERVIEW

Write offers subject to interior inspection. Do not disturb tenants. No lockbox on the property. Main house and basement are leased for 5 years as a Care facility at $8,400 per month with incremental increases annually and back unit is leased for at $2,800 per month. Utilities and Landscape maintenance is paid by the tenants. Property taxes and Insurance are $14,847, 11.5% of gross income. Cap rate is 8.05.

FOR SALE DETAILS

PRICE

$1,440,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

8.36%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

NA

APN/PARCEL ID

R316139

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.