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232 NE 61st Ave
Portland, OR 97213
Multifamily Property For Sale
·
15 Units
Investment Highlights
- FULLY LEASED + STABLIZIED
- QUALITY FINISH
- NEW CONSTRUCTION
- POPULAR TABOR LOCATION!
Executive Summary
Bolster your investment portfolio with this phenomenal opportunity to own an exquisite, FULLY LEASED + STABILIZED, new construction 15-unit apartment complex from a quality local builder. Nestled in NEs hotspot of North Tabor this location will have everything you need at your doorstep! High-end, modern finishes grace each space of these expertly crafted units which feature tall ceilings + an open concept floor plan bringing an abundance of natural light with designer tones! With a mix of 1 be + 2 bed units further diversifying your investment portfolio. Custom cabinetry, desirable stainless-steel appliances + stackable W/D finish out the interior! Indoor bike storage + enclosed trash area round out a few other notable items plus 15-year new construction rent-control exemption!
Property Facts
| Price Per Unit | $368,116 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 5.45% | Building Size | 12,240 SF |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | ||
| Zoning | R2 - Residential | ||
| Price Per Unit | $368,116 CAD |
| Sale Type | Investment |
| Cap Rate | 5.45% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 12,240 SF |
| No. Stories | 3 |
| Year Built | 2024 |
| Zoning | R2 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,857 CAD | 419 - 500 |
| 2+1 | 9 | $2,330 CAD | 536 - 692 |
Property Taxes
| Parcel Number | R230713 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,094,905 CAD |
Property Taxes
Parcel Number
R230713
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,094,905 CAD
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