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300 SE 148th

Portland, OR 97233
  • $6,000,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 793401
UPDATED: 45 min ago
$6,000,000
  • 60
    BEDS
  • 0.61
    ACRES
  • 30
    BATHS
  • 0
    1/2 BATHS
  • 23,664
    SQFT
  • $254
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2010
County:

School Ratings & Info

Listing provided courtesy of Smi Real Estate: 503-390-6060. Listing information © 2022 Willamette Valley Multiple Listing Service



Description

Walkthrough with accepted offer to purchase. Please do not disturb tenants or property management company.Modern construction. 30 unit apartment complex located in the Glenfair neighborhood of Portland. Units are all 2 bed / 1 bath. Stable low vacancy that benefit from the dependably strong lease-up of 2/1 units in the area. Less than a 2-min walk from a light rail station. Walk score 65, bike score79. Under market rents with area rent trend analysis trending upwards. CapEx available.

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© 2022 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Premiere Property Group LLC. Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.Data last updated: 2022-08-15T23:09:04.717.
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300 SE 148th Portland, OR 97233

  • Price: $6,000,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 45 min ago
  • MLS #: 793401
60
Beds
30
Baths
0
½ Baths
0.61
Acres
23,664
SQFT
$254
$/SQFT
2010
Built
Neighborhood:
Ascot Ac
County:
Multnomah
Area:
Os Outside 4 County Area
Property Description
Walkthrough with accepted offer to purchase. Please do not disturb tenants or property management company.Modern construction. 30 unit apartment complex located in the Glenfair neighborhood of Portland. Units are all 2 bed / 1 bath. Stable low vacancy that benefit from the dependably strong lease-up of 2/1 units in the area. Less than a 2-min walk from a light rail station. Walk score 65, bike score79. Under market rents with area rent trend analysis trending upwards. CapEx available.
Exterior Features

Foundation Continuous Landscape No Roof CompositionShingle Siding Fiber Cement Siding Style Board &Amp; BattLap View Territorial

Interior Features

Bonus Rooms Den Dishwasher Yes Disposal Yes Fire System Sprinkled Flooring CarpetLaminateVinyl Heating Baseboard Laundry W/D Included Refrigerator Refrigerator Included Unit Types Flat Unit1 Baths 1 Unit1 Bedrooms 2 Water Heater Electric

Property Features

Cross Street Burnside Flood Plain No Handicap Amenities Yes (Refer To Remarks) High Speed Comm Access Available Home Warranty No Homeowners Association No Association Inspection Report Available No Multifamily Type Multi- (5+) New Construction No Possession Coe Property Use Type Investment Seller To Do1031 Yes Sewer City Suitable For Garden/Low-Rise Tax Amount 32878 Tax Years 21-22 Terms Seller Will Consider CashConventional Water City Zoning Rm3

© 2022 Willamette Valley Multiple Listing Service. All rights reserved.


© 2022 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Premiere Property Group LLC. Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.Data last updated: 2022-08-15T23:09:04.717.
 
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Premiere Property Group LLC
5000 Meadows Rd. Suite 150
Lake Oswego OR, 97035
Listing provided courtesy of Smi Real Estate: 503-390-6060. Listing information © 2022 Willamette Valley Multiple Listing Service