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Laurelhurst Studios 3327 NE Sandy Blvd 18 Unit Apartment Building $2,897,930 CAD ($160,996 CAD/Unit) 6.36% Cap Rate Portland, OR 97232



EXECUTIVE SUMMARY
MAJOR PRICE IMPROVEMENT
18 UNIT STUDIO APT PLEX.. MINT CONDITION, REBUILT FROM STUDS IN 2016
Laurelhurst Studios provide new contemporary living spaces close to the city core for urbanites & bike enthusiasts. Designed to maximize comfort & efficiency, these studios are reminiscent of what you might find in a thriving European metropolis. The lush courtyard was designed to be an extension of each flat, providing a complimentary gas BBQ, community seating, and bamboo plantings which highlight clean architectural lines.
18 UNIT STUDIO APT PLEX.. MINT CONDITION, REBUILT FROM STUDS IN 2016
Laurelhurst Studios provide new contemporary living spaces close to the city core for urbanites & bike enthusiasts. Designed to maximize comfort & efficiency, these studios are reminiscent of what you might find in a thriving European metropolis. The lush courtyard was designed to be an extension of each flat, providing a complimentary gas BBQ, community seating, and bamboo plantings which highlight clean architectural lines.
PROPERTY FACTS
| Price | $2,897,930 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $160,996 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.38 AC |
| Cap Rate | 6.36% | Building Size | 10,800 SF |
| No. Units | 18 | Average Occupancy | 94% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2013 |
| Zoning | CM3 - The CM3 zone is a large-scale, commercial mixed use zone intended for sites close to the Central City, in high-capacity transit station areas or t | ||
| Price | $2,897,930 CAD |
| Price Per Unit | $160,996 CAD |
| Sale Type | Investment |
| Cap Rate | 6.36% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.38 AC |
| Building Size | 10,800 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 2013 |
| Zoning | CM3 - The CM3 zone is a large-scale, commercial mixed use zone intended for sites close to the Central City, in high-capacity transit station areas or t |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 18 | - | 600 |
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | R203040 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,687,734 CAD |
PROPERTY TAXES
Parcel Number
R203040
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,687,734 CAD
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Laurelhurst Studios | 3327 NE Sandy Blvd
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