• Price:

    • $8,500,000

  • Listing #:
    • 17182337
  • Class:
    • Commercial & Business
  • Type:
    • Other
  • Status:
    • Active
  • Apx. Acres:
    • 0.72
  • Apx. Sqft.:
    • 32128
  • Lot Size:
    • 20,000 SqFt to ....
  • Year Built:
    • 2017
  • Address:
    • 15075 SE STARK ST
  • City:
  • County:
    • Multnomah
  • Area:
    • Portland Southeast
  • State:
    • OR
  • Zip:
    • 97233

Description

Opportunity to own 40 residential units with net rentable area of 32,128 sq ft! Studio, 1 BR, 2 BR, and 3 BR units! 20 on site parking spots. Projected rents of $800-1600/monthly. Easy access to freeway, shopping, bus-line, and public transportation. Cap rate between 5.8-6%. Final certificate of occupancy has been issued and move-ins have begun!

For more information on this listing, please contact...

  • Construction:
    • - Cement Siding
  • Stories:
    • - 3
  • Fuel Description:
    • - Electricity
  • Road Surface:
    • - Paved
  • Roof Type:
    • - Flat
  • Water Description:
    • - Public
  • Sewer Description:
    • - Public Sewer
  • Occupancy Types:
    • - Partially Leased
  • Buildings Total:
    • - 1
  • Present Use:
    • - Multi-family
  • Business Name:
    • - Alexis Apartments
  • Operating Expenses Projec:
    • - 151810
  • Gross Income Projected:
    • - 662454
  • Net Income Projected:
    • - 510651
  • Parking Description:
    • - On Site
  • Garage/Parking Spaces:
    • - 20
  • Zoning:
    • - Rh
  • Tax Amount:
    • - 4901.57
  • YearBuiltDetails:
    • - New Construction
  • Heating:
    • - Zoned
  • Cooling:
    • - Central Air
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