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3727 SW Hood 3727-3755 S Hood Ave 18 Unit Apartment Building $5,132,826 CAD ($285,157 CAD/Unit) 5.25% Cap Rate Portland, OR 97239

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Investment Highlights

  • Desirable South Waterfront Location
  • Modern Design
  • Newer (2023) 18 Unit Apartment Building

Executive Summary

Invest in your future with this exceptional opportunity to acquire an impressive new 18-unit apartment building crafted by a trusted local builder. Located in the vibrant South Waterfront district, this property offers unparalleled access to Portland's finest dining, coffee shops, and is just moments from downtown and OHSU. Each unit is meticulously designed with high-end finishes and boasts tall ceilings and an open floor plan that bathes the interiors in natural light. Designer tones complement the stylish aesthetic, and select units feature coveted covered patios or balconies for outdoor enjoyment. Inside, custom cabinetry, stainless-steel appliances, and convenient stackable washer/dryer units ensure modern comfort and convenience. Residents will appreciate additional amenities such as bike storage and a dedicated trash area, enhancing the appeal of this prime investment opportunity. Don't miss out on this chance to own a premier apartment complex in one of Portland's most sought-after locations.

Attachments

OM - Hood

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $374,008 $38.58
Other Income $11,687 $1.21
Vacancy Loss $14,961 $1.54
Effective Gross Income $370,734 $38.24
Taxes $62,931 $6.49
Operating Expenses $64,783 $6.68
Total Expenses $127,715 $13.17
Net Operating Income $243,019 $25.07

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $374,008
Annual Per SF $38.58
Other Income (CAD)
Annual $11,687
Annual Per SF $1.21
Vacancy Loss (CAD)
Annual $14,961
Annual Per SF $1.54
Effective Gross Income (CAD)
Annual $370,734
Annual Per SF $38.24
Taxes (CAD)
Annual $62,931
Annual Per SF $6.49
Operating Expenses (CAD)
Annual $64,783
Annual Per SF $6.68
Total Expenses (CAD)
Annual $127,715
Annual Per SF $13.17
Net Operating Income (CAD)
Annual $243,019
Annual Per SF $25.07

Property Facts

Price $5,132,826 CAD
Price Per Unit $285,157 CAD
Sale Type Investment
Cap Rate 5.25%
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.11 AC
Building Size 9,695 SF
Average Occupancy 61%
No. Stories 4
Year Built 2023
Zoning RM3

Amenities

Unit Amenities

  • Dishwasher
  • Washer/Dryer
  • Heating
  • Kitchen
  • Stainless Steel Appliances
  • Tub/Shower
  • Double Pane Windows

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 10 $1,335 CAD 285 - 385
1+1 8 $2,495 CAD 454 - 656
Walk Score®
Very Walkable (80)
Transit Score®
Excellent Transit (77)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
R129248
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,336,906 CAD
Annual Taxes
$62,931 CAD ($6.49 CAD/SF)
Tax Year
2025
  • Listing ID: 37145352

  • Date on Market: 2025-08-06

  • Last Updated:

  • Address: 3727-3755 S Hood Ave, Portland, OR 97239

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