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The Astoria 1913 NE 73rd Ave 68 Unit Apartment Building $13,730,900 CAD ($201,925 CAD/Unit) 5.52% Cap Rate Portland, OR 97213
Executive Summary
-Directly across from historic Rose City Golf Course
-Two Bedroom, One Bath Floorplans
-Within 10 minutes of downtown Portland with convenient access to I-84 Freeway
-Complete exterior upgrade in 2013/2014 in addition to interior renovation
-Additional significant mechanical systems upgrades from 2020-2025
-Proven rent growth w/ additional upside potential
-Beautiful courtyard setting, low density product w/ charming mid-century courtyard design
-Two Bedroom, One Bath Floorplans
-Within 10 minutes of downtown Portland with convenient access to I-84 Freeway
-Complete exterior upgrade in 2013/2014 in addition to interior renovation
-Additional significant mechanical systems upgrades from 2020-2025
-Proven rent growth w/ additional upside potential
-Beautiful courtyard setting, low density product w/ charming mid-century courtyard design
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | $13,730,900 CAD | Building Class | C |
| Price Per Unit | $201,925 CAD | Lot Size | 2.99 AC |
| Sale Type | Investment | Building Size | 57,432 SF |
| Cap Rate | 5.52% | Average Occupancy | 93% |
| No. Units | 68 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1950/2014 |
| Property Subtype | Apartment | Parking Ratio | 1.13/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | RM-1 - Residential Multi-Dwelling 1 | ||
| Price | $13,730,900 CAD |
| Price Per Unit | $201,925 CAD |
| Sale Type | Investment |
| Cap Rate | 5.52% |
| No. Units | 68 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.99 AC |
| Building Size | 57,432 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2014 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | RM-1 - Residential Multi-Dwelling 1 |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Views
- Carpet
Site Amenities
- Courtyard
- Fitness Center
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Storage Space
- Bicycle Storage
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,641 CAD | 536 - 600 |
| 2+1 | 67 | $1,915 CAD | 660 |
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Bike Score®
Very Bikeable (88)
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $5,697,486 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,697,486 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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The Astoria | 1913 NE 73rd Ave
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