19511 NE Halsey St - Apartments FOR SALE


Portland, OR 97230- North Gresham | 
$3,950,000 USD
503-505-0185
19511 NE Halsey St, Portland, OR for Sale
$3,950,000 USD
Apartments - FOR SALE
1/16
null | 7.01% Cap Rate

19511 NE Halsey St
Portland, OR 97230
North Gresham


HIGHLIGHTS

  • Spacious units with extra storage
  • Units feature modern interiors
  • Spacious units
  • Professionally Managed

OVERVIEW

The Mercer Company, as exclusive listing broker, is proud to present The Fircrest Apartments. Fircrest was constructed in 1969, consisting of three (3) two-story buildings comprising 27 total units on a low density ± 1.36 acre site. The apartments boast a desirable unit mix made up of twenty-six(26) two-bedroom units and one(1) three-bedroom unit. Unit sizes range from approximately 917 square feet on the two-bedroom units to approximately 984 square feet on the three-bedroom unit. The property features spacious, larger-than-market units, ample onsite parking, and a community laundry room, with select units also offering the convenience of an in-unit washer and dryer. The property has also seen several significant capital improvements in recent years, including upgraded electrical panels, updated windows and doors, and renovated units featuring new cabinets and quartz countertops.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$159 USD /SF

# OF UNITS

27

PRICE/UNIT

$146,296

CAP RATE

7.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fircrest

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

MDR24

APN/PARCEL ID

R321343

ASK ABOUT THIS PROPERTY

Cameron MercerThe Mercer CompanyMore Info
503-505-0185

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Cameron MercerThe Mercer CompanyMore Info
503-505-0185

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