10175 SE Stark St | Portland, OR 97216
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- LoopNet Team
10175 SE Stark St
Portland, OR 97216
Land For Sale
·
0.27 AC
INVESTMENT HIGHLIGHTS
- Eleven Food Carts generating $1,050 rent per month for each Food Cart
- Strong 7.5% CAP Rate
- Busy Signalized SE Stark St Intersection Corner Property
- Similar to mobile home park or apartments, but without maintenance
- Stable Tenants / Long Term
- Income Property with Future Development Opportunity
PROPERTY FACTS
DESCRIPTION
Long time established, Food Cart property with stable tenants producing an approximate 7.5% CAP Rate. Minimal maintenance compared to other real estate investment types. Eleven Food Carts generating $1,050 rent per month for each Food Cart. Busy signalized intersection at SE Stark Street & SE 102nd Avenue with Starbucks, Chevron and Bank of America on other corners. Buy now for income and develop later, as near and long-term investment opportunity.
PROPERTY TAXES
| Parcel Number | R319672 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $339,530 |
PROPERTY TAXES
Parcel Number
R319672
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$339,530
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