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10317 NE Hoyt St
Portland, OR 97220
Paragon Plaza · Multifamily Property For Sale
·
18 Units
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.66 AC |
| Property Type | Multifamily | Building Size | 13,080 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1964 |
| Zoning | R1 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.66 AC |
| Building Size | 13,080 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | R1 |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Disposal
- Fireplace
- Heating
- Ceiling Fans
- Kitchen
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Dining Room
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
- Storage Space
- Maintenance on site
ABOUT 10317 NE HOYT ST , PORTLAND, OR 97220
Paragon Plaza Apartments is a well-maintained 18-unit garden court community offering both townhomes and apartment flats. The asset is on a private cul-de-sac in northeast Portland near the intersection of I-84 and I-205 and MAX light rail lines at the Gateway Transit Center. Rents at Paragon Plaza significantly trail the market, offering a rent upside of more than 10%. The property has completed several updates, including newer windows, siding, exterior paint, stairways, and landings. The townhomes have new patio enclosures and stairs. The combination of recent updates and the opportunity to increase cash flow make it an attractive investment opportunity.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 450 |
| 2+2 | 10 | - | 858 |
| 3+1 | 2 | - | 900 |
PROPERTY TAXES
| Parcel Number | R218035 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,038,840 |
PROPERTY TAXES
