The Jamico | 16711 SE Powell Blvd
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The Jamico 16711 SE Powell Blvd
9 Unit Apartment Building $1,440,000 ($160,000/Unit) 5.98% Cap Rate Portland, OR 97236
Investment Highlights
- Charming 2-Bedroom, 1 Bath Units & 2-Bedroom, 1.5 Bath Unit!
- Located in SE Portland; Close Proximity to Numerous Amenities;
- Bike Score of 66: Considered "Bikeable"!
- Units Include Off-Street Parking, Stainless Steel Appliances, New Flooring, & More;
- Walk Score of 66: Considered "Somewhat Walkable";
Executive Summary
Great Well Kept Property; Don't Miss Out; Avg In-Place Rents of $1,389, Plus Utilities Included; Very Easy Building to Manage! Many Recent Upgrades;
Property Facts
| Price | $1,440,000 | Apartment Style | Low Rise |
| Price Per Unit | $160,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.38 AC |
| Cap Rate | 5.98% | Building Size | 7,492 SF |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment |
| Price | $1,440,000 |
| Price Per Unit | $160,000 |
| Sale Type | Investment |
| Cap Rate | 5.98% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 7,492 SF |
| No. Stories | 2 |
| Year Built | 1975 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | 810 |
| 2+1.5 | 1 | - | 786 |
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PROPERTY TAXES
| Parcel Number | R338238 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $598,650 |
PROPERTY TAXES
Parcel Number
R338238
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$598,650
zoning
| Zoning Code | MR3 |
| MR3 |
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The Jamico | 16711 SE Powell Blvd
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