1825 N Rosa Parks Way
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1825 N Rosa Parks Way
14 Unit Apartment Building $3,995,000 ($285,357/Unit) 5.15% Cap Rate Portland, OR 97217
Investment Highlights
- Brand new building
- State of the art construction
- Walk score (77): very walkable
- Fast lease-up
- Close proximity to Portland and Vancouver
- Bike score (100) biker's paradise
Executive Summary
Brand-new 14-unit building in the Arbor Lodge Neighborhood. The property is fully leased. Of the 14 units, 13 are leased to full-time residential tenants, and one unit is currently used for short-term rentals.
Property Facts
| Price | $3,995,000 | Apartment Style | Low Rise |
| Price Per Unit | $285,357 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 5.15% | Building Size | 8,337 SF |
| No. Units | 14 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2021 |
| Price | $3,995,000 |
| Price Per Unit | $285,357 |
| Sale Type | Investment |
| Cap Rate | 5.15% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 8,337 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2021 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Security System
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Sprinkler System
- Range
- Wi-Fi
Site Amenities
- Business Center
- Controlled Access
- Security System
- Community-Wide WiFi
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | 310 - 461 |
| 2+1 | 1 | - | 890 |
Walk Score ®
Very Walkable (77)
Bike Score ®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | R305908 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,240,050 |
PROPERTY TAXES
Parcel Number
R305908
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,240,050
zoning
| Zoning Code | RM3 (Residential Multi-Dwelling 3 Final Certificate of Occupancy) |
| RM3 (Residential Multi-Dwelling 3 Final Certificate of Occupancy) |
-
Clayton Madey -
Cooper Collins -
Macadam Forbes, Inc.
1 of 19
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1825 N Rosa Parks Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.