The Woods On Marquam Hill | 1311 SW Gibbs St
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The Woods On Marquam Hill 1311 SW Gibbs St
43 Unit Apartment Building $12,500,000 ($290,698/Unit) 5.41% Cap Rate Portland, OR 97239
Investment Highlights
- Beautiful Views in Select Units (Split Amenities and Efficient Floor Plans)
- Building Amenities Include Secured Entry, Exterior Sundeck, and 28 Onsite Covered Parking Spaces
- Units Feature Thoughtful and Light-Filled, Efficient Floorplans
- Within Walking Distance to Oregon Health Science University
Executive Summary
43 Unit Trophy Multifamily Opportunity on Marquam Hill
2024 Construction • Studio, 1 & 2 Bed Unit Mix • 4 Blocks to OHSU
--------------------
Sale Price: $12,500,000 ($290,698 / Unit)
CAP Rate: 5.41%
Units: 43 Units with Studio, 1 & 2 Bedroom Mix
Building Gross Area: 42,151 SF
Gross Land Area: 23,500 SF
Parking: 28 Spaces Onsite
2024 Construction • Studio, 1 & 2 Bed Unit Mix • 4 Blocks to OHSU
--------------------
Sale Price: $12,500,000 ($290,698 / Unit)
CAP Rate: 5.41%
Units: 43 Units with Studio, 1 & 2 Bedroom Mix
Building Gross Area: 42,151 SF
Gross Land Area: 23,500 SF
Parking: 28 Spaces Onsite
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Price | $12,500,000 | Apartment Style | Mid Rise |
Price Per Unit | $290,698 | Building Class | B |
Sale Type | Investment | Lot Size | 0.54 AC |
Cap Rate | 5.41% | Building Size | 27,973 SF |
No. Units | 43 | No. Stories | 4 |
Property Type | Multifamily | Year Built | 2024 |
Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
Price | $12,500,000 |
Price Per Unit | $290,698 |
Sale Type | Investment |
Cap Rate | 5.41% |
No. Units | 43 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 0.54 AC |
Building Size | 27,973 SF |
No. Stories | 4 |
Year Built | 2024 |
Parking Ratio | 1/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Views
- Patio
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Property Manager on Site
- Package Service
- Recycling
- Community-Wide WiFi
- Lounge
- Maintenance on site
- Sundeck
- Public Transportation
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 16 | - | 345 - 389 |
1+1 | 16 | - | 648 - 661 |
2+2 | 11 | - | 1,019 - 1,021 |
PROPERTY TAXES
Parcel Number | R712893 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $662,350 |
PROPERTY TAXES
Parcel Number
R712893
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$662,350
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The Woods On Marquam Hill | 1311 SW Gibbs St
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