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Clifden 8415 N Fessenden St 12 Unit Apartment Building $2,317,178 CAD ($193,098 CAD/Unit) 5.53% Cap Rate Portland, OR 97203



EXECUTIVE SUMMARY
Clifden Apartments is a well-maintained, 12-unit apartment
community in Portland, Oregon. Units feature two-bedroom, onebathroom
floor plans and are located in three, two-story buildings.
There is one off-street parking space per unit, with additional street
parking located on adjacent streets.
The property is located in the desirable neighborhood of St. Johns,
just blocks from Historic Downtown St. Johns. Stores, including New
Seasons, restaurants, and a weekend farmers market are within
walking distance. It is in close proximity to Downtown Portland and
Downtown Vancouver, and offers convenient access to public transit.
community in Portland, Oregon. Units feature two-bedroom, onebathroom
floor plans and are located in three, two-story buildings.
There is one off-street parking space per unit, with additional street
parking located on adjacent streets.
The property is located in the desirable neighborhood of St. Johns,
just blocks from Historic Downtown St. Johns. Stores, including New
Seasons, restaurants, and a weekend farmers market are within
walking distance. It is in close proximity to Downtown Portland and
Downtown Vancouver, and offers convenient access to public transit.
PROPERTY FACTS
| Price | $2,317,178 CAD | Building Class | C |
| Price Per Unit | $193,098 CAD | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 8,450 SF |
| Cap Rate | 5.53% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment | Parking Ratio | 1.3/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R1, Portland | ||
| Price | $2,317,178 CAD |
| Price Per Unit | $193,098 CAD |
| Sale Type | Investment |
| Cap Rate | 5.53% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 8,450 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | R1, Portland |
AMENITIES
UNIT AMENITIES
- Balcony
- Hardwood Floors
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 700 |
| 2+1 | 1 | - | 750 |
| 2+1 | 10 | - | 950 |
1 1
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | R228958 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $992,656 CAD |
PROPERTY TAXES
Parcel Number
R228958
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$992,656 CAD
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Clifden | 8415 N Fessenden St
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