3860 SW 178th Ave - Apartments FOR SALE


Beaverton, OR 97007- Cooper Mountain-Aloha North
$1,690,000 USD
503-367-0516
3860 SW 178th Ave, Beaverton, OR for Sale
$1,690,000 USD
Apartments - FOR SALE
1/7
null | 7.4% Cap Rate

3860 SW 178th Ave
Beaverton, OR 97007
Cooper Mountain-Aloha North


OVERVIEW

$1.69M Below market rents leave some room to expand the investment numbers 7.4% cap rate on pro forma based rents 4.68% on actual rents 2 bed / 2 bath condos, ~972 SF 10 units, each individually deeded to the same owner, allowing flexibility for a new buyer to lease or sell the units Built solidly in 1980, professionally managed with amazing curb appeal 2 units have been updated with an open-concept kitchen, granite and maple cabinetry, new appliances, energy-efficient windows and doors Central heating Each condo sports either a private patio or balcony Excellent walk and bike scores (82, 81) Surface lot parking Top-rated schools and lush parks nearby; easy transit access to Beaverton Transit Center Close proximity to Tualatin Valley Highway (State Highway 8 or TV Hwy)

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$169 USD /SF

# OF UNITS

10

PRICE/UNIT

$169,000

CAP RATE

7.4%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kimberly Court

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

MFR3

APN/PARCEL ID

R1202442

ASK ABOUT THIS PROPERTY

Steven HunkerFuller Group CREMore Info
503-367-0516

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Steven HunkerFuller Group CREMore Info
503-367-0516

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