11940 SE Ash St | Portland, OR 97216
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- LoopNet Team
11940 SE Ash St
Portland, OR 97216
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- 2009 built
- Strong SE Portland sub market, with historically low vacancy for 2br/1ba floor plans
- Central location, close to amenities but property is set on a quiet residential street
- Operational Value add opportunity with significant upside in the rents (approx. 15%)
- Well cared for asset, with many recent capital improvements
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 10,320 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built | 2009 |
| Zoning | RHT | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 10,320 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built | 2009 |
| Zoning | RHT |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | $1,320 | 860 |
PROPERTY TAXES
| Parcel Number | R293812 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $586,930 |
PROPERTY TAXES
Parcel Number
R293812
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$586,930
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