5136-5154 SE 17th Ave - Apartments FOR SALE


Portland, OR 97202- Sellwood-Moreland
$2,100,000 USD
503-841-3342
5136-5154 SE 17th Ave, Portland, OR for Sale
$2,100,000 USD
Apartments - FOR SALE
1/7
null | 5.01% Cap Rate

5136-5154 SE 17th Ave
Portland, OR 97202
Sellwood-Moreland


OVERVIEW

Amazing location for this 10 unit investment property! 6 2 bedroom and 4 1 bedroom units which have been remodeled to include newer cabinets, granite countertops, tile flooring along with laminate flooring, and fresh coat of paint in each unit as well as the exterior of the building. Steady income producing property with room to raise rents. Homeforward payments are $1865 for a 1 BR and $2226 for a 2br in the area. Potential development opportunity of up to 60 units. Buyer to do their due diligence. Seller to do 1031 exchange at no cost to the buyer. Listing agent related to seller. Seller is a licensed real estate agent in Oregon.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$303 USD /SF

# OF UNITS

10

PRICE/UNIT

$210,000

CAP RATE

5.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tamara Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,001 SF

ZONING

CE

APN/PARCEL ID

R181781

ASK ABOUT THIS PROPERTY

George Bitrous24/7 propertiesMore Info
503-841-3342

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George Bitrous24/7 propertiesMore Info
503-841-3342

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