4450 NE 38th Ave - Specialty FOR SALE


Portland, OR 97211- Beaumont-Wilshire
$1,440,000 USD
503-230-8600
4450 NE 38th Ave, Portland, OR for Sale
$1,440,000 USD
Specialty - FOR SALE
1/3
null | 8.36% Cap Rate

4450 NE 38th Ave
Portland, OR 97211
Beaumont-Wilshire


OVERVIEW

Write offers subject to interior inspection. Do not disturb tenants. No lockbox on the property. Main house and basement are leased for 5 years as a Care facility at $8,400 per month with incremental increases annually and back unit is leased for at $2,800 per month. Utilities and Landscape maintenance is paid by the tenants. Property taxes and Insurance are $14,847, 11.5% of gross income. Cap rate is 8.05..

FOR SALE DETAILS

PRICE

$1,440,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

8.36%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

NA

APN/PARCEL ID

R316139

ASK ABOUT THIS PROPERTY

Israel HillJohn L. Scott Real EstateMore Info
503-230-8600

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Israel HillJohn L. Scott Real EstateMore Info
503-230-8600

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