8072 SE 6th Ave - Apartments FOR SALE


Portland, OR 97202- Sellwood-Moreland
$1,900,000 USD
503-499-0082
8072 SE 6th Ave, Portland, OR for Sale
$1,900,000 USD
Apartments - FOR SALE
1/14
null | 5.99% Cap Rate

8072 SE 6th Ave
Portland, OR 97202
Sellwood-Moreland


HIGHLIGHTS

  • Efficient Floor Plans
  • Stainless Steel Appliances with Dishwasher
  • Electric Fireplace

OVERVIEW

Sellwood Apartments (The Property) is an 11-unit apartment building located in the highly desirable Sellwood Neighborhood of inner Southeast Portland. Located on SE 6th Avenue between Tacoma and Spokane Street at the head of the Sellwood Bridge, The Property offers the best of location and affordability currently available in the market today. On the border of East and West Portland, the Property is efficiently designed on a 6,636 square feet lot, consisting of 11 apartment homes. The unit mix is comprised of 6 one-bedroom/one-bath units averaging 476 SF, four one-bedroom/ one-and-a-half-bath units averaging 520 SF, and one two-bedroom/one-bath units averaging 770 SF. Built in 2014, the units offer a modern interior with stainless steel appliances, ceiling fans, laminate floors downstairs and plush carpet upstairs. The apartments also offer an electrical fireplace, dishwasher, and garbage disposal.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$286 USD /SF

# OF UNITS

11

PRICE/UNIT

$172,727

CAP RATE

5.99%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Sellwood

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2014

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CS

APN/PARCEL ID

R266770

ASK ABOUT THIS PROPERTY

Sean WorlColliersMore Info
503-499-0082

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Sean WorlColliersMore Info
503-499-0082

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