1375 N Wygant ST - Apartments FOR SALE
Portland, OR 97217 |
1375 N Wygant ST
Portland, OR 97217
HIGHLIGHTS
- Newer construction, low maintenance asset – Wygant Flats is not subject to rent control until 2035, allowing owners to stay in-line with the market.
- Trendy eastside location – Wygant Flats is located in the Overlook Neighborhood, one of Portland’s most desirable locations on Portland’s eastside.
- Condo upside – the property was built and platted as for-sale condos, creating the flexibility to sell off individual units in the future.
- Transit oriented location – N Interstate, featuring TriMet’s MAX light rail line, is 1block away; I-5 freeway access is 2 blocks away.
- Priced below replacement cost – Wygant Flats could not be built for the price the property is being offered for sale at.
- High-end condo finishes – Hardwood floors, gas appliances, AC, top of the line fixtures.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Wygant Flats
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
9675
STORIES
3
YEAR BUILT
2020
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
R701780,R701781,R701782,R701783,R701784,R701785,R701786,R701787,R701788
