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Wilmar Apartments 2260 NW Everett St

18 Unit Apartment Building $3,424,000 ($190,222/Unit) 5.05% Cap Rate Portland, OR 97210

Investment Highlights

  • Excellent NW Portland Location
  • Half block off of NW 23rd Avenue
  • Spacious units

Executive Summary

Wilmar Apartments is an 18-unit apartment building located in northwest Portland, Oregon. The property was built in 1911 and features 18 one- and two-bedroom apartments.
Wilmar Apartments is located in the desirable Alphabet District and is a half block off the NW 23rd Avenue shopping and dining corridor near numerous restaurants, shops, and boutiques. Forest Park and Washington Park, which includes the International Rose Test Garden and Portland Japanese Garden, are also within close proximity to the property.

Property Facts

Price $3,424,000
Price Per Unit $190,222
Sale Type Investment
Cap Rate 5.05%
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.11 AC
Building Size 20,475 SF
No. Stories 5
Year Built 1911

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 11 - 800 - 900
2+1 7 - 1,000 - 1,300
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (74)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R277703
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,329,150

zoning

Zoning Code RH
RH
  • Listing ID: 31075433

  • Date on Market: 2/28/2024

  • Last Updated:

  • Address: 2260 NW Everett St, Portland, OR 97210

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