$2,963,000 USD
503-975-9301
1204-1238 NE 22nd Ave
Portland, OR 97232
Sullivan's Gulch
OVERVIEW
16 Unit Multi-Family Opportunity in the Sullivan Gulch Neighborhood of NE Portland
1204 - 1238 NE 22nd Ave
Units: 16
Unit Matrix: 12 - 2 bed, 1 bath | 4 - 1 bed, 1 bath
Gross Building: 14,912 SF
Gross Land: 19,996 SF (0.46 AC)
Sale Price: $2,963,000
CAP Rate: 6.00%
Price Per Unit: $185,188
Price per SF: $225
FOR SALE DETAILS
PRICE
$2,963,000 USD
PRICE/SF
$199 USD /SF
# OF UNITS
16
PRICE/UNIT
$185,188
CAP RATE
6%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Value-Add Multi-Family Opportunity
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1949
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.46 AC
LAND SF
20,043 SF
ZONING
R25
APN/PARCEL ID
R181963
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503-975-9301
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503-975-9301
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