503-419-7426
375 NE Shaver St, Portland, OR for Sale
Apartments - FOR SALE
1/42
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375 NE Shaver St
Portland, OR 97212
King


HIGHLIGHTS

  • 85-unit affordable housing community in Portland's King Neighborhood
  • LEED Gold Certified steel-frame construction completed in 2009
  • Family-oriented unit mix featuring one-, two-, and three-bedroom apartments
  • New AT&T cell tower lease providing additional income potential
  • Assumable financing with attractive below-market interest rate
  • Secured parking, EV charging, rooftop solar array, and community amenities

OVERVIEW

Shaver Green Apartments presents the opportunity to acquire an established 85-unit affordable housing community located at 375 NE Shaver Street in Portland's highly desirable King Neighborhood. Built in 2009, the LEED Gold Certified asset combines sustainable design, family-oriented housing, and a strategic Northeast Portland location with convenient access to major transportation corridors, employment centers, retail amenities, and public transit. The property features a mix of one-, two-, and three-bedroom apartments along with secured parking, EV charging infrastructure, rooftop solar, community gathering spaces, and additional income generated through a newly executed cell tower lease. Investors seeking additional information, financials, and due diligence materials are invited to access the property's secure data room

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

85

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shaver Green

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2009

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,980 SF

ZONING

RM4

APN/PARCEL ID

R102908

ASK ABOUT THIS PROPERTY

Jared WhippsColliersMore Info
503-419-7426

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Jared WhippsColliersMore Info
503-419-7426

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