= Required Field.

Already a Member?

Email Address:

Password:

Re-Enter Password:

First Name:

Last Name:

Country:

Zip/Postal Code:

Ext.

Day Phone:

Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers.

No Thanks.

By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

We will NOT share your email address.
View Our Privacy Policy.

Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.

Select a Property Type

You may enter a US or Canadian location in the following formats:

Zip Code
City, State
State

For additional search options, go to Advanced Search Advanced Search Advanced Search.

e.g. Los Angeles, CA or 91016

Advanced Search

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

Multifamily Property For Sale

Teasdale Apartments

104 NW 20th Avenue, Portland, OR 97209

Price:
$1,300,000
No. Units:
19
Building Size:
11,476 SF
Price/Unit:
$68,421.05
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
7.25%
Gross Rent Multiplier:
7.85
Lot Size:
0.12 AC
Find Out More...

Last Verified 11/4/2009 Listing ID 16459021

Description

The Teasdale Apartments are located at 104 NW 20th Avenue in
Portland, Oregon. Built in 1910, this building has a total of 19 units
consisting of (6) 1-bedroom 1-bath units measuring approximately
550 sq. ft. and (13) studio units measuring approximately 450-500
sq. ft.

This complex is in NW Portland within walking distance of dozens
of boutiques, grocery stores, cafe' s and fine dining in the area.
It offers easy access to downtown, freeways, transit, parks, and
major employers. Portland' s alphabet neighborhood continues
to enjoy an ongoing resurgence and rejuvenation as it has over
the past several years. This neighborhood is considered a highly
desirable urban residential and retail hub.

The Teasdale Apartments present a buyer with the opportunity to
acquire a well-located vintage apartment complex in one of the
most popular neighborhoods in Portland. Rents in NW Portland
have been increasing steadily and demand for apartments in this
area remains higher than any other Portland Metro neighborhood.
Due to its ideal close-in location, Teasdale Apartments will continue
to attract a higher quality tenant who is willing to pay a slight
premium for all of the conveniences the property has to offer.

Financial Summary

Actual
Net Operating Income
$94,250

Map of 104 NW 20th Avenue, Portland, OR 97209 (Multnomah County)

Hide Map

Contact Listing Broker to find out more details.

Presented by

Hagerman Frick O'Brien, LLC

Request additional information

Contact Listing Broker

Nick Klein (503) 241-5541 Ext: 20

Track changes to this property: Watch This Property
Share this listing: Send to Friend; Link to This Listing

Link
Copy the link above and share via email or IM.; Embed This on Your Web Site; Share on Facebook; Share on LinkedIn; Share on Twitter
Additional Options: Print Listing; View Map; Demographics; Research Price; Get Financing

Created 11/4/2009

Additional Information for 104 Nw 20th Avenue, Portland, OR 97209

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 4 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 104 NW 20th Avenue, Portland, OR 97209

Nearby Multifamily properties for saleSearch all commercial real estate for sale

845 NE 181st
$874,900
4 Units
Cypress Park Apartments
$675,000
9 Units
Roger's Plaza Apartments
$1,075,000
16 Units
Portland 4-Plex
$549,000
4 Units
LOTUS APARTMENTS
$1,285,000
20 Units

Nearby Recently Sold Multifamily propertiesSearch all recently sold commercial real estate

Garden/Low-Rise
Sold 4Q 2004
Garden/Low-Rise
Sold 4Q 2005
Garden/Low-Rise
Sold 3Q 2004
Garden/Low-Rise
Sold 2Q 2004
Garden/Low-Rise
Sold 1Q 2004

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Embed this Listing on Your Website

Multifamily Property For Sale - Teasdale Apartments

104 NW 20th Avenue, Portland, OR, 97209