HIGHLIGHTS
- Brand New 2024 Construction, Currently in Lease Up
- Each Unit Includes a Washer & Dryer, Gas Range, Quartz Countertops, and Stainless Steel Appliances
- Floor to Ceiling Windows, Modern Design with Open Floorplans
- Building Includes a Spacious Central Resident Courtyard, Free Bike Parking, and Secure Entry
- Walking Distance to Multiple TriMet Lines as well as Local Restaurants and Retailers
- Located Near Major Employers Such As Adidas, Daimler, and Kaiser Permanente
OVERVIEW
30 Unit Apartment Complex with Retail in North Portland
2024 Construction • Studio and 1 Bed Unit Mix • Modern Design
--------------------
Sale Price: $6,000,000 ($186,834/Unit*)
*Reflective of Price per Unit Less Retail Value
Proforma CAP Rate: 5.47%
Units: 30 Units with Studio & 1 Bedroom Mix
Rentable Building Area: 12,092 SF
Gross Building Area: 16,546 SF
FOR SALE DETAILS
PRICE
$6,000,000 USD
PRICE/SF
$363 USD /SF
# OF UNITS
31
PRICE/UNIT
$193,548
CAP RATE
5.47%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Soleil Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
2023
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.13 AC
LAND SF
5,707 SF
ZONING
CM3
APN/PARCEL ID
R103313
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