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The Sandpiper 110-128 NE 160th Ave

13 Unit Apartment Building $2,200,000 ($169,231/Unit) 6.20% Cap Rate Portland, OR 97230

Investment Highlights

  • Charming 2-Bedroom, 1 Bath Units!
  • Located in NE Portland; Close Proximity to Numerous Amenities;
  • Bike Score of 81: Considered "Very Bikeable"!
  • Units Include New Windows, New Flooring, Patio & More;
  • Walk Score of 69: Considered "Somewhat Walkable";

Executive Summary

Great Well Kept Property; Don't Miss Out; Avg In-Place Rents of $1486, Plus Utility Reimbursements. Many Recent Upgrades!

Property Facts

Price $2,200,000
Price Per Unit $169,231
Sale Type Investment
Cap Rate 6.20%
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.86 AC
Building Size 11,314 SF
No. Stories 1
Year Built 1976

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Range
  • Tub/Shower
  • Basement

Site Amenities

  • Walking/Biking Trails
  • Online Services
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 13 - 800
Bike Score ®
Very Bikeable (81)
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
R217912
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$658,580

zoning

Zoning Code RH, Portland
RH, Portland
  • Listing ID: 32733571

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 110-128 NE 160th Ave, Portland, OR 97230

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