Historical Multifamily Sale Listing - PRICE REDUCED!!! The Lindsey Anne Apartments

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Portland, OR or Oregon

PRICE REDUCED!!! The Lindsey Anne Apartments

5702 NE Prescott Street, Portland, OR 97218

N/A

19 Units | Multifamily

  • Print

Main Photo

Multifamily Property - Off Market

Price:
N/A
No. Units:
19
Building Size:
15,177 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
6.50%
Occupancy:
100%
No. Stories:
3
Year Built:
1997
Lot Size:
32,500 SF
APN / Parcel ID:
R139034
Parking Ratio:
1.84 / 1,000 SF
Listing ID
14445483
Last Updated
over 1 year ago

Highlights

  • 8% cash on cash. 6.5% cap rate.
  • Residential neighborhood w/ shopping nearby.
  • History of high/stable occupancy. 100% of apts are occupied.
  • Ample Parking, 35 spaces.
  • Convenient close in location.
  • Newer construction and low maintenance

Description

This 18 unit plus house is conveniently located & well maintained.
Great unit mix of 1,2 & 3 BR. The house is a 4BR/2BA.
Ample off-street parking, 35 spaces.
Quiet residential area & located near shopping.
Washer/dryer set and deck or patio w/ each unit.
Stable occupancy. 100% of apartments are occupied.
1928 4BR/2BA 2,493 s/f Bungalow w/ hardwood flooring has a recently remodeled kitchen and bath.
With house valued @ $235,000 price/apt unit is $76,667.

This 18 unit apt plus house is conveniently located in a residential area near mass transit and shopping. It's a 10 minute drive to downtown Portland, a 5 minute drive to New Seasons Market and the Alberta Arts District, a 7 minute drive to the Portland Airport and a 2 min walk to newly remodeled Albertsons.

Map of 5702 NE Prescott Street, Portland, OR 97218 (Multnomah County)

Research for 5702 NE Prescott Street, Portland, OR 97218 (Multnomah County)

  • Demographics – Population, income & other demographics near 5702 NE Prescott Street
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Similar Listings

6 Photos
The Loreto Apartments
The Loreto Apartments
  • Portland, OR
  • $2,350,000
  • 16,725 SF Bldg
12 Photos
Brentwood & Pinecrest A...
Brentwood & Pinecrest A...
  • Portland, OR
  • $2,149,500
  • 13,990 SF Bldg