2544 SE 141st Ave - Apartments FOR SALE


Portland, OR 97236- Powellhurst-Gilbert
$1,750,000 USD
360-993-5800
2544 SE 141st Ave, Portland, OR for Sale
$1,750,000 USD
Apartments - FOR SALE
1/10
null | 4.92% Cap Rate

2544 SE 141st Ave
Portland, OR 97236
Powellhurst-Gilbert


OVERVIEW

First time ever available for sale, Amber Court is a newer Townhouse style 6-plex built in 2008. Huge 3 bedroom, 2.5 bathroom units in good condition with terrific floor plans that average 1535 square feet, each featuring washer & dryer. Electric separately metered, sub-metered for water and forced air gas furnaces serve each unit. Attached garage and additional parking for each unit. Low maintenance with no landscaping. Less than one block from easily accessible transit. Also included is a detached single family 3 bedroom home on separate 12,197 square foot lot with RM2 zoning for additional development opportunity and potential for significant upside. Owner has maintained property exceptionally well. Terrific opportunity to acquire a turn-key operation with good cap rate, strong rental history and potential for additional income! Buyer to verify all information.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

7

PRICE/UNIT

$250,000

CAP RATE

4.92%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2544 SE 141st Ave Portland, OR 97236

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2008

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RM2

APN/PARCEL ID

R334196

ASK ABOUT THIS PROPERTY

Gabe TerresonSavi Realty, IncMore Info
360-993-5800

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Gabe TerresonSavi Realty, IncMore Info
360-993-5800

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