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1825 N Rosa Parks Way 14 Unit Apartment Building $4,466,944 CAD ($319,067 CAD/Unit) 5.16% Cap Rate Portland, OR 97217
INVESTMENT HIGHLIGHTS
- Brand new building
- Close proximity to Portland and Vancouver
- Bike score (100) biker's paradise
- State of the art construction
- Walk score (77): very walkable
EXECUTIVE SUMMARY
Brand-new 14-unit building in the Arbor Lodge Neighborhood. Financial breakdown available upon request.
PROPERTY FACTS
| Price | $4,466,944 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $319,067 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 5.16% | Building Size | 8,337 SF |
| No. Units | 14 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2021 |
| Zoning | RM3 - Residential Multi-Dwelling 3 Final Certificate of Occupancy | ||
| Price | $4,466,944 CAD |
| Price Per Unit | $319,067 CAD |
| Sale Type | Investment |
| Cap Rate | 5.16% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 8,337 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2021 |
| Zoning | RM3 - Residential Multi-Dwelling 3 Final Certificate of Occupancy |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Security System
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Sprinkler System
- Range
- Wi-Fi
SITE AMENITIES
- Business Center
- Controlled Access
- Security System
- Community-Wide WiFi
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 13 | - | 310 - 461 |
| 2+1 | 1 | - | 890 |
Walk Score®
Very Walkable (77)
Bike Score®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | R305908 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,854,269 CAD |
PROPERTY TAXES
Parcel Number
R305908
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,854,269 CAD
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1825 N Rosa Parks Way
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