1375 N Wygant ST - Apartments FOR SALE


Portland, OR 97217- Humboldt
$3,500,000 USD
503-901-8100
1375 N Wygant ST, Portland, OR for Sale
$3,500,000 USD
Apartments - FOR SALE
1/37
null | 6.1% Cap Rate

1375 N Wygant ST
Portland, OR 97217
Humboldt


HIGHLIGHTS

  • BRAND NEW CONSTRUCTION
  • SIX (6) - 2 BED/2 BATH UNITS; TWO (2) - 1 BED/1 BATH UNITS
  • CONDO PLATTED - WITH OPTIONS TO SELL INDIVIDUAL UNITS
  • PREMIUM APPLIANCE PACKAGE
  • 91 BIKE SCORE; 86 WALK SCORE
  • PERFECT GOLDEN PARACHUTE 1031 OPPORTUNITY TO SELL OR REFI AS INDIVIDUAL CONDOS

OVERVIEW

Exceptional new eight-unit condo multifamily asset in the heart of Portland, designed by award-winning architect Ben Waechter. These spacious units feature high-end contemporary finishes, an open-concept design, high ceilings, fireplaces, gas ranges, and private balconies. Enjoy flexible investment potential—retain the condo structure for future individual unit sales or convert back to apartments to potentially lower property taxes and enhance cash flow. Situated in a highly desirable urban setting, just blocks from MAX Transit, parks, schools, cafes, restaurants, bars, gyms, and entertainment.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$350 USD /SF

# OF UNITS

8

PRICE/UNIT

$437,500

CAP RATE

6.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wygant Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RM3

APN/PARCEL ID

R701782,R701783,R701784,R701785,R701786,R701787,R701788

ASK ABOUT THIS PROPERTY

Nick KrautterSVN | Imbrie RealtyMore Info
503-901-8100

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

Nick KrautterSVN | Imbrie RealtyMore Info
503-901-8100

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