13410 SE Powell Blvd - Apartments FOR SALE


Portland, OR 97236- Powellhurst-Gilbert
$2,250,000 USD
503-218-4387
13410 SE Powell Blvd, Portland, OR for Sale
$2,250,000 USD
Apartments - FOR SALE
1/40
null | 5.7% Cap Rate

13410 SE Powell Blvd
Portland, OR 97236
Powellhurst-Gilbert


HIGHLIGHTS

  • 5.5% increase on recent lease trade-outs - $1,374/month average rents (highest achieved)
  • Appealing unit mix offering one, two, and three bedroom units
  • 1980’s build w/ copper plumbing and updated vinyl windows
  • Parking lot seal coat & striping Summer, 2024
  • Ample off-street parking, includes garages
  • Unit Amenities Include: In-unit washer/dryer hookups, private decks, dishwasher, garage/storage

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$214 USD /SF

# OF UNITS

14

PRICE/UNIT

$160,714

CAP RATE

5.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jasmine Terrace Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

RM-1

APN/PARCEL ID

R207753

ASK ABOUT THIS PROPERTY

Benjamin MurphyCommercial Integrity NWMore Info
503-218-4387

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Benjamin MurphyCommercial Integrity NWMore Info
503-218-4387

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