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Goose Hollow Apartments 1105 SW 18th Ave

9 Unit Apartment Building $2,500,000 ($277,778/Unit) 3.51% Cap Rate Portland, OR 97205

Apartment Buildings Oregon Portland 1105 SW 18th Ave, Portland, OR 97205

Investment Highlights

  • The property is zoned RM4 allowing for high density residential development, which makes this an attractive future redevelopment opportunity.

Executive Summary

Rare opportunity to acquire three-building apartment complex in the highly desirable Goose Hollow Submarket. The subject buildings are located on one tax lot and consist of one six-unit apartment building, one duplex, and one single-family residence. All nine units are 100% leased at under market rents, providing an investor an attractive opportunity to improve the rents.

Attachments

1814-1820 SW Main St & 1105 SW 18th Ave | Sale Brochure

Property Facts

Price $2,500,000 Apartment Style Townhome
Price Per Unit $277,778 Building Class C
Sale Type Investment Lot Size 0.13 AC
Cap Rate 3.51% Building Size 8,291 SF
No. Units 9 No. Stories 2
Property Type Multifamily Year Built 1902
Property Subtype Apartment
Price $2,500,000
Price Per Unit $277,778
Sale Type Investment
Cap Rate 3.51%
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.13 AC
Building Size 8,291 SF
No. Stories 2
Year Built 1902
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Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (85)
Bike Score®
Very Bikeable (88)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number R105770 Improvements Assessment $0
Land Assessment $0 Total Assessment $625,410

PROPERTY TAXES

Parcel Number
R105770
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$625,410

zoning

Zoning Code RM4
RM4
(503) 227-2500

Contact

  • Listing ID: 29359293

  • Date on Market: 8/24/2023

  • Last Updated:

  • Address: 1105 SW 18th Ave, Portland, OR 97205

More public record information on 1105 SW 18th Ave, Portland, OR 97205

The SW Close-In Multifamily Property at 1105 SW 18th Ave, Portland, OR 97205 is currently available. Contact Macadam Forbes, Inc. for more information.

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Goose Hollow Apartments | 1105 SW 18th Ave
(503) 227-2500 x

Goose Hollow Apartments | 1105 SW 18th Ave

Greg Burpee

(503) 227-2500

(503) 227-2500

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