Historical Multifamily Sale Listing - PRICE REDUCED: Tabor Pointe Apartments

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PRICE REDUCED: Tabor Pointe Apartments

10022-10036 SE Division Street, Portland, OR 97266

N/A

48 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
48
Building Size:
43,218 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
6.20%
No. Stories:
3
Year Built:
2008
Lot Size:
1.16 AC
Listing ID
17784201
Last Updated
over 1 year ago

Description

PRICE REDUCED! The owner has authorized a $300,000 price reduction and is motivated to sell to provide funds to a public foundation.

Tabor Pointe is a Class A luxury apartment community featuring 46 residential and 2 retail units located on a 1.16-acre parcel of land. One of SE Portland's premier apartment communities, Tabor Pointe features quality building materials and high end finishes. The units offer gas fireplaces and gas stovetops. Due to the numerous quality components, Tabor Pointe could become an attractive condo conversion opportunity as Portland's housing market recovery continues. The property is currently 100% leased and boasts a strong occupancy history.

To receive more detailed information regarding Tabor Pointe, please execute and return the Confidentiality Agreement included as part of the attached flyer.

The Property is well located just off I-205, Portland's primary east side transportation corridor. Tabor Pointe is a short walk to the SE Division Street MAX light rail station, which provides quick access to one of the region's major retail hubs located around Clackamas Town Center, only a 5-minute ride to Portland International Airport, and 20 minutes to Portland's CBD.

Map of 10022-10036 SE Division Street, Portland, OR 97266 (Multnomah County)

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