911 SW 21st Ave - Apartments FOR SALE


Portland, OR 97205- Goose Hollow
$6,100,000 USD
503-241-5541
911 SW 21st Ave, Portland, OR for Sale
$6,100,000 USD
Apartments - FOR SALE
1/38
null | 5.39% Cap Rate

911 SW 21st Ave
Portland, OR 97205
Goose Hollow


OVERVIEW

Introducing Shannon Apartments, a 42-unit apartment community located in the coveted Goose Hollow neighborhood of Portland, OR. Built in 1926, Shannon is a non-URM property that offers studios and one-bedroom apartments, blending the historic charm of vintage built-ins and finishes alongside the nearby conveniences of urban amenities. Shannon Apartments offers desirable amenities including fully equipped kitchens with a dining area, hardwood floors, ceiling fans, built-in storage space, large windows for ample natural light, and on-site laundry facilities. Residents enjoy unbeatable access to the best of Portland from one of the city’s most walkable and vibrant neighborhoods. Shannon Apartments is situated in a true 15-minute city, where daily needs, recreation, and cultural experiences are all just steps away. The property is minutes from Portland State University and within easy reach of Oregon Health & Science University (OHSU), making it ideal for students, faculty, and medical professionals. A variety of Portland’s top eateries, cafés, and small businesses offer convenient lifestyle options, while Providence Park—home to the Portland Timbers and Thorns—is just a 3-minute walk away. Residents also benefit from quick access to I-405 and reliable TriMet bus and MAX light rail lines, ensuring seamless connectivity throughout the metro area.

FOR SALE DETAILS

PRICE

$6,100,000 USD

PRICE/SF

$187 USD /SF

# OF UNITS

42

PRICE/UNIT

$145,238

CAP RATE

5.39%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shannon Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,178 SF

ZONING

RH, Portland

APN/PARCEL ID

R316763

ASK ABOUT THIS PROPERTY

Gregory FrickHFO Investment Real EstateMore Info
503-241-5541

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Gregory FrickHFO Investment Real EstateMore Info
503-241-5541

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