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11933 NE Davis St
Portland, OR 97220
The Hazelwood Retirement Community · Multifamily Property For Sale · 120 Units

INVESTMENT HIGHLIGHTS

  • Assumable Debt at a rate 118 bps below cap rate on actuals
  • Great basis at $77 per sq ft / $90,000 per door
  • Rent upside for right operator

PROPERTY FACTS

No. Units 120
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.81 AC
Building Size 117,649 SF
No. Stories 4
Year Built 1998
Parking Ratio 0.41/1,000 SF
Zoning CX

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Kitchen
  • Refrigerator
  • Views

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Security System
  • Gated
  • Laundry Service
  • Storage Space
  • Conference Rooms
  • Elevator
  • Lounge
  • Multi Use Room
  • Sundeck

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 56 - 412
1+1 36 - 491 - 517
2+1 14 - 810
2+2 14 - 950 - 1,040

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R170779
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,429,880
  • Listing ID: 30318904

  • Date on Market: 12/8/2023

  • Last Updated:

  • Address: 11933 NE Davis St, Portland, OR 97220

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