This property is Off-Market

10022-10036 SE Division Street
Portland, OR 97266 ·

48 Units · Multifamily For Sale

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PRICE REDUCED: Tabor Pointe Apartments

Price N/A Property Use Type Investment
No. Units 48 Cap Rate 6.20%
Building Size 43,218 SF No. Stories 3
Property Type Multifamily Year Built 2008
Property Sub-type Garden/Low-Rise Lot Size 1.16 AC
Listing ID: 17784201 Date Created: 08/09/2012 Last Updated: 06/18/2013

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.

Research

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

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